Get started
VEDANTA LTDVEDANTA LTDVEDANTA LTD

VEDANTA LTD

No trades
See on Supercharts
Overview Financials News
Ideas
Discussions Technicals Forecast Seasonals Options Bonds

VEDL trade ideas

#VEDL Support & Resistance / 29 Feb 2024Here’s a stock I'm keeping an eye on for the next day's trading. I'm aiming for a 1%+ intraday profit with a flexible stop-loss. The rules are simple - there are two lines marked on the chart that act as support or resistance, depending on where the price opens. When the price touches or crosses either line, from any direction, for the first time, I decide whether to buy or sell at or near the line based on six simple indicators + order book confirmations. If no trade is taken, the chart becomes invalid. I won't go into details about indicators because they are to be interpreted and change depending on the market. For example, an RSI of 40 means different things in a bull, bear, or choppy market. It's all about looking at things relatively; and each trader has their own setup, rules and approach to risk management. Check back after the market closes to see how things went. Sometimes, the price might not touch those lines for a day or more. You have to remain patient. Disclaimer: Trading and investing carry risks, and you should consult with a qualified financial professional before making any investment decisions. Any charts or patterns mentioned are for educational purposes only and do not guarantee future results. Past performance is not indicative of future performance. Always conduct your own research and consider your risk tolerance before engaging in any trading activities.
NSE:VEDL
by QUANTECHNICAL
Vedanta today sell given from 277 , SL 284 targt 255 , 243 ,220On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:VEDL
by JaiPrakashShuklaHarmonicTrader
Vedanta VEDL 270 Target hit buying recommended 205 profit book On Our Harmonic pattern indicator based trade setup take trade as explained below :- Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target , When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% .. Please note:- It's working on news based and volitile market very well so exit if SL hit
NSE:VEDL
by JaiPrakashShuklaHarmonicTrader
Vedanta Ltd. - Demand ZonesNSE:VEDL is a global diversified natural resource company operating across segments which are Copper; Aluminium; Iron Ore; Power; Zinc, Lead and Silver; Oil and Gas, and Others. TTM EPS: 23.65 TTM PE: 8.84 P/B: 0.94 Mkt Cap (Rs. Cr.): 77,689 Dividend Yield: 48.56 Sector PE: 6.57 Book Value Per Share: 222.49 My Opinion: Vedanta, once soaring at an all-time high of 298, now faces a significant decline. The immediate demand zone lies between 175 and 150, where investors are eyeing a potential rebound. However, the next crucial support level stands at 122, serving as a critical turning point. As the stock navigates these challenging waters, investors must exercise caution and conduct thorough research before making decisions. Market sentiment and company fundamentals will play a crucial role in determining Vedanta's future trajectory. Keep a close watch, as opportunities may emerge amidst the volatility. Recommendated: I do recommend reading about Vedanta's Bond Repayment which is due in January 2024. Vedanta is still exploring the ways for the repayment. Also Moody's downgrade of Vedanta Resources' corporate family rating to Caa2 is a factor to consider before making any decision. Here I would like to reflect upon some learning aspects that can help in decision-making: Accumulating volume near a demand zone suggests that there is increasing buying interest and potential support for the stock in that price range. When traders and investors perceive a particular price range as a demand zone, they anticipate that the stock's price may find support and possibly reverse its downtrend. If the volume of trading activity is increasing within this demand zone, it indicates growing investor confidence in the stock's value at that price level. This can be seen as a positive sign, as it suggests that buyers are accumulating shares, possibly with the expectation of a price increase in the future. However, it's essential to consider other factors such as market sentiment, news, and overall market conditions before making investment decisions solely based on accumulating volume. NOT A RECOMMENDATION. JUST FOR EDUCATION PURPOSE. Thanks
NSE:VEDL
by babutaaniket