VEDL - Is the Stock Ready for 2 YR Breakout?VEDL - Symmetrical triangle Observed on VEDL at 2 YR high zone. 1. RSI > 50 In Daily 2. RS daily Improving Consider entering once Breakout of Symmetrical triangle.Longby tradetales1014
for swing with low SLvedanta look goog for swing if it give good candle at its support keep in watchlist by p1-rajurkar4
$vedlprice discovery is imminent after this lovely bull flag on the monthly let see if we get this buy above Longby CompoundingGain1
VEDL -At the cusp of a ATH breakout rallyVEDL has been consolidating near the ATH for quite a time now. On daily, it has formed a symmetrical triangle pattern breakout of which may pave the way for further rally. Keep tracking vedl for the ATH breakout.Longby maheshsinghania0073
VEDANTA LTD S/R for 15/7/24Support and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement. by zenthosh4
Breakout + Crossover - VEDL📊 Script: VEDL 📊 Sector: Mining & Mineral products 📊 Industry: Mining / Minerals / Metals Key highlights: 💡⚡ 📈 Script is giving breakout on Monthly Time Frame. 📈 MACD is giving crossover. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 473 🟢 Target 🎯🏆 - 519 ⚠️ Stoploss ☠️🚫 - 452 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_231121
long Vedanta for tgt mentioned on chart the stocks seems on long side . long with tgt mentioned on chart... Longby rahulsingh2310896
Vedenta Target 1000??lliott Wave analysis is a form of technical analysis that attempts to predict market trends by identifying repetitive wave patterns. It was developed by Ralph Nelson Elliott in the 1930s. Here's a brief overview of the Elliott Wave principles and how they might apply to analyzing a company like Swedish Orphan Biovitrum AB (SOBI), often abbreviated as "SOBI" or referred to as "Svedenta" in some contexts. Elliott Wave Principles Wave Structure: According to Elliott, market prices move in waves. There are two types of waves: Impulse Waves: These waves move in the direction of the larger trend. They consist of five sub-waves: three in the direction of the trend (1, 3, and 5) and two corrections (2 and 4). Corrective Waves: These waves move against the trend. They consist of three sub-waves (A, B, and C). Wave Degree: Waves can be broken down into smaller waves, which are part of larger waves. The hierarchy can be from small to large: Subminuette, Minuette, Minute, Minor, Intermediate, Primary, Cycle, Supercycle, and Grand Supercycle. Wave Characteristics: Wave 1: Often hard to identify until Wave 2 ends. Wave 2: Retraces much of Wave 1 but never beyond its starting point. Wave 3: Typically the largest and most powerful wave. Wave 4: Corrects Wave 3 but typically does not enter the price range of Wave 1. Wave 5: Moves beyond the end of Wave 3. Corrective Wave Patterns: Various patterns like Zigzags, Flats, Triangles, and Complex corrections. Analyzing SOBI (Svedenta) Historical Data: To apply Elliott Wave analysis, you need historical price data. This includes identifying significant highs and lows over time to mark the waves. Current Market Position: Identify where the stock currently is in the Elliott Wave cycle. This requires detailed chart analysis to determine if it’s in an impulse or corrective phase. Projecting Future Movements: Based on the identified wave patterns, project possible future movements. This includes anticipating corrective waves if the market is currently in an impulse wave, and vice versa. Steps to Perform Elliott Wave Analysis on SOBI Gather Historical Price Data: Obtain historical price data for SOBI. This can typically be done through financial market platforms or trading software. Identify Wave Patterns: Start by marking the largest trends on a long-term chart. Break down the large trends into smaller waves according to the Elliott Wave principles. Label the Waves: Use standard Elliott Wave notation (1-5 for impulses, A-B-C for corrections) to label the identified waves. Analyze Current Market Position: Determine where SOBI is within the Elliott Wave cycle. This involves looking at recent price action and volume. Project Future Trends: Based on the current position in the wave cycle, project potential future movements. Validate with Other Technical Indicators: Use additional technLongby HARISHRAO992225
$NSE:VEDL VEDANTA FOR LONG BUY TOP TO DOWN ANALYSISNSE:VEDL Vedanta looks promising and ready for upmove, Cosidering the global scenario and the rise for demand in copper and semiconductors. Vedanta stood strong and our charts also shows a leg up trajectory. VEDANTA chart have successfully bounced from 0.618 Fibonacci forming a double bottom pattern and currently trading at 269 which is again at weekly support of 0.5 Fib and taking support from upper trendline, Now expecting the price to move from here to 316, 342, 382 and last above 400. For next 3 to 6 month could expect Vedanta to 300 or above and any dip below 260 is buy. Patience is key and wait till all factors come together. NSE:VEDL Please note analysis is on weekly time frame so plan your trade accordingly, These are my POV so please DYOR, and this in not investment advise.Longby rahulxvaishnavUpdated 5551
VEDL: ATH Breakout with Potential for Multi-Level Profit TakingOverview: VEDL is currently trading around its all-time high (ATH) and presents an opportunity for a long trade with a promising risk-reward profile. The strategy involves entering a position at 4% above the ATH and employing a dynamic stop-loss approach to manage risk and maximize potential gains. Entry: Enter a long position at VEDL's ATH price + 4% (ATH + 4%) Initial Stop-Loss: Set an initial stop-loss at 20% below the entry price Position Sizing: Limit the trade size to ensure that no more than 5% of your capital is at risk. In case the stop-loss is triggered, the maximum capital loss will be limited to 1% Trade Rationale: VEDL is a metal stock, and the metal sector is currently exhibiting strong momentum. Targets: First Target: 763.70 (Fibonacci 1.618 level) Upon reaching the first target, exit 1/3 of the position and adjust the stop-loss for the remaining 2/3 of the position to breakeven. Second Target: 929.80 (Fibonacci 2 level) Upon reaching the second target, exit another 1/3 of the position. Once the second target is hit, move the stop-loss for the remaining 1/3 of the position to the first target level (763.70). Third Target: 1364.60 (Fibonacci 3 level) Upon reaching the third target, exit the entire remaining position. Risk Management: The initial stop-loss of 20% below the entry price helps to limit potential losses in case the trade moves against you. The dynamic stop-loss adjustment after reaching the first target further protects capital and locks in profits. The position sizing ensures that you are not risking more than you can afford to lose. Disclaimer: This trading strategy is for informational purposes only and should not be construed as financial advice. Please conduct your own research and due diligence before making any trading decisions. Additional Notes: Consider using technical indicators and chart patterns to refine your entry and exit points. Monitor market conditions and adjust your strategy accordingly. Practice risk management techniques to protect your capital. Please let me know if you have any other questions. Disclaimer: I Lalit Panchal not a SEBI Registered analyst. The chats and/or stocks and/or research reports and/or market analysis etc are made only for study purpose, and may not be suitable for all investors. Investors must make their own investment decisions based on their specific investment objectives and financial position and only after consulting such independent advisors as may be necessary.Longby lalitcpanchal5
VedantaBreak & Retest of the neckline happening. Stoploss is just over 10% with good upside potential due to long-term breakout possibility. Three concerns are there, first, weekly RSI above 80, second, we have a resistance just above the breakout level and third, stock has moved significantly in it's current push phase so a consolidation can't be ruled out before the next bull run above resistance. Disclaimer : Intended for educational purpose only and it's not a buy or sell recommendation. Longby Finomir1
VEDL Simple Price Action AnalysisThis is a Simple Price Action Analysis of $NSE:VEDL. In NSE:VEDL Price has broken the downtrend and started a new Up-Trend by creating Higher Highs and Higher Lows. As a W-shaped recovery is forming, my expectation is Price will go up to 857.20/- (Based on Fibonacci calculations)-. This will be approx. 262.45% Return on Investment. We can Buy on every Dip and Hold for the First Target - 495/- and the Final Target - 857.20/- Disclaimer: Stock trading is inherently risky and you agree to assume complete and full responsibility for the outcomes of all trading decisions that you make, including but not limited to loss of capital or even provision of additional margin in futures trading. None of the stock trading calls made by Prosenjit should be construed as an offer to buy or sell securities, nor advice to do so. All comments and posts made by Prosenjit, and employees are for information purposes only and under no circumstances should be used for actual trading. Longby priceissupremeUpdated 18
LIFETIME HIGH BREAKOUT VEDL gives a lifetime high breakout today. One should buy VEDL at current price in small quantity and keep accumulating at the deeps for a target of 600,700 and 800 by Niteshbhardwaj11
Vedanta's Panja-Boodha ShaktiVedanta is in limelight for 2 major reasons. 1. Upcoming Vertical Demerger of Vedanta into 5 different stocks (The Panja-Boodhas) - Apart from the technical breakout levels, the demerger is going to lead to a humungous gain to the shareholders when each of the stock is going to rise to higher levels individually 2. The 16 year Long Box Pattern Consolidation and Breakout A picture is worth 1000 words... Vedanta ATH 495 created in 2008 me. 16 years ka vanvaas se bahar aane ja time hai abhi. Long Term View: Quarterly Chart - The Box Pattern has a Depth of 435 Points which will become the Long Term Target after Breakout above 495 - the previous ATH level. Yes it will struggle a tiny bit when it tests 495 but that's not consolidation Long Term Target: 930 Short-Medium Term View: Monthly Chart - Price has recently Broken out of a Rounding Bottom Pattern above 440 for target of 690 The Big Rise from 2020 and subsequent retracement made in 2022 is at Fib 0.618 level - The Golden Ratio which is a strong sign of powerful bullish rally Short Term Target: 585 (Fib 1.0 Level), 690 (Fib 1.272 + Rounding Bottom Target) Medium Term Target: 825 (Fib 1.618) Reading Books is good, but kabhi kabhi theory chodke kuch picture bhi dekho. Books ka Black and White Print me Hariyali nahi dhikhayi deta. Samaj liya ? 😍 Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Behaviour Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends Longby Stocks-n-Trends9
Vedanta chanting the Vedas for a BlastVedanta - A picture is worth 1000 words... Vedanta ATH 495 created in 2008 me. 16 years ka vanvaas se bahar aane ja time hai abhi The bottom of the box is 60 and top.of the box is 495 From 2020, Vedl is making efforts to go higher - sideways - higher to ensure it gathers enough power to BO 495 Yes it will struggle a tiny bit when it tests 495 but that's not consolidation The last major fall in Vedanta had a Fib Golden Ratio Retracmernt of 0.618 levels and from there the stock has blasted like a Rocket Next Targets are 575, 875, 930 Reading Books is good, but kabhi kabhi theory chodke kuch picture bhi dekho. Books ka Black and White Print me Hariyali nahi dhikhayi deta. Samaj liya ? 😍Longby Stocks-n-Trends5
Monthly Chart Breakout - Positional Trade - VEDL📊 Script: VEDL 📊 Sector: Mining & Mineral products 📊 Industry: Mining / Minerals / Metals Key highlights: 💡⚡ 📈 Script is giving Breakout of double bottom neckline on Monthly chart, we may see some good rally. 📈 One can go for Swing Trade. ⏱️ C.M.P 📑💰- 414 🟢 Target 🎯🏆 - 504 ⚠️ Important: Always maintain your Risk & Reward Ratio. ✅Like and follow to never miss a new idea!✅ Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes. Eat🍜 Sleep😴 TradingView📈 Repeat 🔁 Happy learning with trading. Cheers!🥂Longby radha_23118
Vedanta breakout of the range & resistance with good volumecan be a good in this bull run market which stock was in under perform.Longby ManyuviUpdated 16
Bearish trade in VedantaVedanta is bearish in the hourly (intraday) chart. There was an attempt at trend change but it failed. I have gone short for target of around 390. #Educational purpose onlyShortby travellingtradermumbai0
Vedanta - Multi-(Dividend, Demerger, MultiYear BO, Bagger) :)Vedanta has always been in the News for multiple factors - both Positive and Negative Though Metal Stocks are Cyclical, it has come back into Focus at right time. While Nifty Metal index has broken out and all Metal stocks are in limelight now, here are some critical factors that make Vedanta one of the Best among Metal Picks Multi-Year Box Breakout: 16 Year long Breakout pending above 485 and this opportunity comes at right time when China looks weak and Indian Metal stocks are in focus. Multi- Bagger Pick : Above 485 WCB, Target is a Whopping 910++ Almost 2x to 3x from CMP. Usually when stocks BO after so long, they usually rally much higher than the pattern target so, expect close to 1200++ Multi-Demerger Stock: Vedanta has informed in Sep 2023 that it would split into 6 separate listed entities Vedanta Aluminium Vedanta Oil & Gas Vedanta Power Vedanta Steel and Ferrous Materials Vedanta Base Metals Vedanta Limited And Investors would get free stocks of all 6 entities which over next few years will become Multibaggers Mult-Dividend Stock: Between 2022-2024, Vedanta topped the list of stocks with Highest Dividend Yield. Almost 35% or more was the dividend yield paid by Vedanta. The main reason for such huge dividends is because its Parent in UK was significantly Debt ridden and these dividends were paid to offset the debt of the Parent as it had majority share holding of the child company. And we - retail investors - got mutually benefitted by holding vedanta stock Double Bottom Breakout: On Monthly price has formed a Double Bottom BO for Target of 485. This will take it to the BO ZONE of Multi Year Box Pattern. So double confirmation of fast upward rally Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered and Our focus is NOT providing Buy/Sell Recommendations/calls. Primary Objective is to provide detailed analysis of how to review a chart, explain multi-timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends Longby Stocks-n-Trends6
Vedanta - The Multi x 4 stockVedanta has always been in the News for multiple factors - both Positive and Negative Though Metal Stocks are Cyclical, it has come back into Focus at right time. While Nifty Metal index has broken out and all Metal stocks are in limelight now, here are some critical factors that make Vedanta one of the Best among Metal Picks Multi-Year Box Breakout : 16 Year long Breakout pending above 485 and this opportunity comes at right time when China looks weak and Indian Metal stocks are in focus. Multi- Bagger Pick : Above 485 WCB, Target is a Whopping 910++ Almost 2x to 3x from CMP. Usually when stocks BO after so long, they usually rally much higher than the pattern target so, expect close to 1200++ Multi-Demerger Stock : Vedanta has informed in Sep 2023 that it would split into 6 separate listed entities Vedanta Aluminium Vedanta Oil & Gas Vedanta Power Vedanta Steel and Ferrous Materials Vedanta Base Metals Vedanta Limited And Investors would get free stocks of all 6 entities which over next few years will become Multibaggers Double Bottom Breakout : On Monthly price has formed a Double Bottom BO for Target of 485. This will take it to the BO ZONE of Multi Year Box Pattern. So double confirmation of fast upward rally Longby Stocks-n-Trends8
VEDL | Vedanta Ltd ideaVEDL | Vedanta Ltd idea important Key levels , nearest tgt mentioned.. by XDataAnalystUpdated 119
VEDANTA cmp 257, target of 300 ++ in 10-15 trading sessionsVedanta Ltd is a diversified natural resource group engaged in exploring, extracting and processing minerals and oil & gas. The group engages in the exploration, production and sale of zinc, lead, silver, copper, aluminium, iron ore and oil & gas. It has presence across India, South Africa, Namibia, Ireland, Liberia & UAE. Its other businesses includes commercial power generation, steel manufacturing & port operations in India and manufacturing of glass substrate in South Korea and Taiwan. Vedanta is the market leader in production of Nickel in India. Below are the revenue-mix details of various businesses: 1. Zinc, Lead & Silver (25% of revenues) It runs its Indian Zinc operations through its subsidiary, Hindustan Zinc Ltd (HZL) in which it owns ~65% stake. HZL is the largest primary zinc producer in India, with an expected 80% market share in 2022.One of the most notable achievements has been the successful commissioning of a 3000 KLD Zero Liquid discharge (RO-ZLD) plant at the Zinc Smelter Debari 2. Oil & Gas (9% of revenues) The Co. is India’s largest private sector crude oil producer. It accounts for ~25% of the total crude oil production of India. 3. Aluminium Business (39% of revenues) Vedanta has the largest aluminium installed capacity in India at 2.3 mtpa. It has a 47% market share in India among primary aluminium producers. Mines - Via BALCO, the company has 2 bauxite mines with capacity of ~2 MnTPA of bauxite and a coal mine to capacity of 1 MnTPA. 4. Power Segment (4% of revenues) Its flagship power project Talwandi Sabo Power Ltd (TSPL) is located in Punjab. The company has 25 years of long-term power purchase agreement with Punjab State Electricity board 5. Iron Ore Segment (5% of revenues) Vedanta is one of the largest merchant iron-ore miners in India. 6. Copper Business (12% of revenues) This includes refinery and rod plant Silvassa consisting of a 133,000 MT of blister/secondary material processing plant, a 216,000 tpa copper refinery plant and a copper rod mill with an installed capacity of 258,000 tpa. Its international copper operations include a copper mine in Tasmania, Australia which remains under care and maintenance. It is evaluating various operations to restart mining operations. 7. Other Businesses (6% of revenues) The Co. is also engaged in the business of steel manufacturing and port operations in India and manufacturing of glass substrate in South Korea and Taiwan. Upcoming Growth & Projects: Vedanta has a strong pipeline of growth projects and is incorporating future enabling businesses in its portfolio. In the Oil & Gas segment, the Co. intends to undertake new growth capex projects worth $687mn. In the Aluminium segment, it intends to incur a $1.4 bn growth capex over 2 years. This includes aluminium capacity expansion to 3 MTPA by Q3 FY24, Alumina capacity expansion to 6 MTPA by FY24 & 100% operationalization of 3 coal mines in a phased manner by Q3 FY24. The company is focused on community development and achieving a greener business model. Vedanta achieved a 5-point improvement in the S&P Global Corporate Sustainability Assessment Index. Current Performance and News: Vedanta reported strong financial results for Q2 FY '24, with highest ever second quarter consolidated revenue, EBITDA, and PAT. Operational performance was strong across all businesses, with healthy production and cost control. The aluminium sector delivered one of its best quarters in terms of production and operational efficiency. Hindustan Zinc remained in the first decile of the cost curve globally, with further cost reductions. The oil and gas business delivered stable production and reduced operating expenses through optimization. The iron ore business saw higher sales and margin expansion. The company received a favourable arbitration award in its oil and gas business, resulting in a positive impact on revenue and EBITDA. The INR4,600 crores gained from the arbitration award will be realized in cash over the next few quarters. Vedanta Limited has upcoming debt maturities of around $1 billion in the next two quarters, but the company feels comfortable in managing refinancing or repayment. Vedanta Limited's Board has approved the proposal to demerge the business into six independent listed entities. Key Ratios: Market Cap - ₹ 95,606 Cr ROCE - 21.2 % ROE - 20.4 % Dividend Yield - 39.2 % Debt to equity - 2.38 Stock P/E - 19.3 Industry PE - 17.5 Conclusion: Technically, the strong price pattern at the bottom and then there is a trendline and price pattern breakout with huge volumes and there is change in price structure from lower highs lower lows to higher highs and higher lows. This itself gives strong conviction to buy at current levels and add more on dips if it comes. Vedanta is the market leader in the commodities segment and looking at the current market scenarios where metal, oil & gas and power sector are doing well due to various macro-environment factors and the company's improvement in profit and profit margins, various growth prospects, debt repayment being taken cared of and demerger benefits, the stock at current market price of 257 is a strong value buy for a minimum target of 300 in 10-15 trading sessions, which gives return of 16% in just 2 weeks . Longby PrashantDahaleUpdated 1120
Vedantha has potential to break all time high in this yearVedantha:- Sector:-metal-non-ferrous monthly chart:-formation of Ascending Triangle and Double Bottom Pattern.Longby varunmp208714