VEDL :: BULLISHATE: 6 JUNE 2021
INSTRUMENT: VEDL
TREND: BUY
TIME FRAME: DAY
CMP: 280.85
BUY ABOVE: 283
STOP LOSS: 269
TGT 01: 296
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VEDL trade ideas
Long Vedanta above 275 for target 310+ before expiryVedanta has seen good correction from upper levels.....weekly indicators are positive and according to fibonnaci retracement the points of retracement for 1st support have already been reached around 265.40 levels.....this stock can show strong reversal from this point and targets for week may be 300 while for shorts term of 2-3 months around 340-350 levels. Buying is recommended at current level . sl-264.80
VEDL LONG INTRADAY 17 MAR,2021Dear trader,
If u look at the chart of VEDL (analysis based intraday only) the VEDL BUY at 227 and TARGET at 237 and STOP LOSS at 222.
The chart clearly indicates Bullish Trend you can also see the candle stick patters for more indepth analysis.
In Intraday most important thing is to enter and exit points.
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intraday Strategy Back Test Intraday Strategy Back Test
As per my 1hr CandleStartegy ,
Trend reversal possiable ,
As per 1 hr,
1.Formed DT ,
2.Break and close below the neck line of DT,
My View
Take A small Retracement Up to 226/- from the CMP,then start to fall down towards 212/-
Entry -224.2/- , Emergency Exit=230/- , Target=213/-
Possiblity for Gap Up Open
Disclimer=this educational purpose only , Dont do trade according this Analysis