Vedanta Limited Trading IdeaVedanta Limited Daily Chart
Trading Idea for Intraday
Go Short below 174 for target of 171-170 Stop Loss 176.5
Go Long above 176.50 for target of 178-180 Stop Loss 174
By CA.Mahim Dangi
VEDL trade ideas
Bullish Shark VedlBullish Shark Vedl
Prz - 180 - 183
Sl - 179
Target 1 - 184
Target 2 - 185
Small Trade
VEDANTA - Investment Opportunity But Vedanta Limited at 184 Stoploss is weekly closing below 146 Target 235 311
VEDANTA Head And Shoulders Breakout and retest - Short SetupVEDANTA formed a head and shoulders pattern last week and tested the bear trendline today . Can go short once a bearish candle forms around the trendline , stop loss above the shaved bearish bar , and targets for the support levels .
Vedanta to retest 180 level and then move upwards for 200-210After filling the gap, It will try to retest breakout of 180 (cup and handle as well as gap breakout).
Targets would be
Target 1 (short) : 180
Then it will move up:
Target 2 (long) : 193
Target 3 (long) : 210
Long on metal index and son on best breakout stock i.e. vedanta- Metal index has already shown a breakout around levels of 2910 so is Vedanta and Hindalco.
- Vedanta has shown a massive weekly channel breakout at levels of 180.
- Currently showing a positive RSI divergence with great volumes
- If the global rally continues to extend, the commodities/ metals are going to follow up.
- If the market has to break the levels of 12000, the metal must participate for breaking all-time highs.
- Vedanta looks up for the target 220-225
VEDANTABUY SIGNAL GENERATED BY DAY CHARTS AND PRICE IS IN THE BULLISH AREA.
TARGETS ARE MENTIONED IN THE CHART.
THERE IS A RESISTANCE AT 222 AS OBSERVED IN WEEKLY CHARTS.
Vedanta filling gap of 193.8.Go longVedanta has started to fill the gap of 193.8.
Target 1: 193.80
**Just views
Experimenting with a Strategy that I've formedVEDL I feel is going to up by 10 point in the next few days.
This post is to keep a track of my own analysis
BUY ABOVE 185 for the target of 200VEDL IS LOOKING STRONG FOR THE MONTH MAY LOOK TO FILL THE GAP FIRST
Possible upmove to 200 levelsCloud breakout + Chiku Span free of price congestion + trend line breakout
VEDL smaller time frame analysis currently vedl is in a ascending triangle after c wave completes its bearish move we can go long in this zone 166-168
