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Vedantaltd

📈 Vedanta Ltd: Riding the Upward Trend! 🚀Traders, let's focus on Vedanta Ltd today! 🌟 It's cruising within an upward parallel channel , consistently bouncing off support and surging higher. 🔄 Despite today's market turmoil, consider entering cautiously with trendline support. 📉 Options buyers can explore 250 to 270 CE for liquidity. Let's navigate these waters together! 💼📊 Remember, my analysis is a guide. Always conduct thorough research before taking the plunge. Until our next rendezvous, may the markets be ever in your favor! 🚀📊 See you in the next post!
NSE:VEDLLong
by AlphaTradingStation
VEDANTA Vedanta is currently forming a bullish flag pattern Anytime if it breaks resistance with volumes then it can reach Target 1 and Target 2 in no time Only hinderance will be dividend record date if it recovers the dividend deduction in quick sessions then the current play will give great returns Currently I see a breakout might happen above resistance and retest to the resistance(it will become support) Disclaimer - Please DYOR and don't place any calls based on above charting
NSE:VEDLLong
by Cryptified_Soul
1
VEDANTA Trend AnalysisWill VEDANTA be the next ADANI Enterprises? Broader outlook says it broke out of the decade long sideways trend and is heading for a retest before a massive upside. A clear Head & Shoulder pattern is visible in daily timeframe , as per the pattern the technical target is around 190 level which also lies in confluence with trendline support. Volume shows the participation of strong hands. Last time strong accumulation happened during Apr 2003-Dec 2005 as highlighted, after that the stock gave a 12X multibagger returns in about 4 years. Currently we are in a strong accumulation phase when company is diversifying its sector by adding semiconductor and display manufacturing to the commodities only segment. After this accumulation phase we can expect similar returns in 4-5 years. As the price is heading towards decade old price territory, here are the key fundamental aspects worth considering: Sales has increased 13 times, Operating profit has increased by about 9 times, Assets have increased by about 27 times, Cash flow has increased 10 times. Huge capital is allocated for CAPEX. For exact figures, kindly refer www.screener.in Vedanta will finalize a location for its $20 billion semiconductor and display plants in India by this month end and expects to roll out the first chip product in two years, its chairman Anil Agarwal said. He also said they were manufacturing glass and optical fiber. So, it was natural for them to move into semiconductors. Taiwan based Foxconn is their technical partner for plant setup and operation. India's government will extend fiscal support of up to 50% of a project's cost to eligible display and semiconductor fabricators. This will give tailwind to semiconductor sector. Good time to accumulate is at the retest of trendline support around 190 level. Long term positional target should be a minimum 10X in 4-5 Years. Will update the exact targets for short, medium and long term as chart unfolds in future. Do your own due diligence before taking any action. Peace!!
NSE:VEDLLong
by Swastik24
VEDANTA - On support with Inside Bar - Ascending Triangle#Vedanta is moving under Horizontal channel and now creating the small Ascending Triangle. Today stock closed above support trendline and created the Inside Bar with 7 day narrow range candle. You can see reversal in tomorrow trend. Showing Mix result in Technical Parameter: CCI were trending down but now reversing RSI were trending down but now reversing ROC is treading UP William R% is treading UP ATR is decresing since 5 day New Long ---------------------------------------------------------- Support : 105 and 102 Breakdown : 107 (OR Gap down opening) LTP : 109.10 Breakout : 111.45 (OR GAP UP opening) Short Target : 114.65 and 120 ---------------------------------------------------------- Positive & Negative Point: 1) Bullish in Daily chart 2) Neutral in Weekly Chart 3) Very bearish in monthly chart ---------------------------------------------------------- (Disclaimer: This is only for educational purpose and paper treading.)
NSE:VEDLLong
by singajai
Vedanta Ltd. Begins Voluntary Delisting (2)Vedanta Ltd. has begun the process of a voluntary delisting of its shares from the public exchange, with the promoter group planning to buy out the remaining ~49% of non-promoter shares it doesn’t currently own. We spoke about Vedanta Ltd. in our Chart Summit India presentation last month as a stock setup we liked on the long side, so given this news, we wanted to revisit that setup and see what lessons could be taken away and applied in future situations like this one. Read our blog post (see signature below for link) on some key lessons we took away from the stock's chart on an absolute and relative basis.
NSE:VEDL
by AllstarchartsINDIA