Vedanta - High Risk High RewardOne of those stocks i am calling high risk high reward coz of the debt issues with the parent company and the promoter trying to sell some of those parent co assets to his Indian listed entities.
But as an entry it cannot come as a lower risk entry (200EMA & 200WEMA crossover).
The trade could literally be taken with a 1-2% SL because of the crossover of the moving averages.
Long above 260 with a SL below 255/253.
The stock has crossed over the moving average + broken out above the downward trendline.
There could be a small entry to start with with a larger entry above 268.
