VEDL- LongI will go short term investment now - untill 200. I will leave it above 200 for a target of 320
VEDL trade ideas
VEDANTA | Ascending Triangle Ascending triangle pattern observed in Daily time frame. Purely from pattern standpoint it suggests confirmation for a possible Bull trend. However, looking closely at recent price action and Fibonacci levels, 170-174 looks to resist an up move. Hence a daily close above 174 would make the case for Bulls stronger. Alternatively, based on one's individual risk ability one can consider short with stop above 175.
#VEDL CASH : LOOKS GOOD ABOVE 172.25#VENDANTA CASH
11 JUNE 2019
LOOKS GOOD ABOVE 172.25
STOPLOSS 169
TGT 176/180/185/190
CMP 169.35
VEDL " LONG Opportunity "Hi all, VEDL possible completion of expansion structure Look for Buy opportunity above 168
***Use Proper Risk and Money management Rule if you don't had a one please LEARN IT !!!! and meanwhile watch the play don't trade
"Market is Full Opportunities "
If you have any Question feel free comment below and don't forget to check out my other ideas too
Thank you for your support
--Prabhu Rajarathinam
Short Term UpsideLike I mentioned in the earlier post, my view is that Vedanta will try to move up side after each consolidation. I see a 1 hour consolidation has possibly ended and its now trying to head higher. In the short term, I expect Vedanta to move back to the top to the 195 levels and beyond before another round of consolidation.
