VEDL trade ideas
vedanta ltd.Hello!! Vedanta is really a very good stock. it is in an uptrend and now a retracement move can be seen it might be of 10 pt.s positionally and then again impulsive move will start hopefully. #my_view #learner
VEDANTA LONG IF CLOSING ABOVE 115VEDANTA LOOKS LIKE IT IS CONSOLIDATING IN A RANGE FOR A PRETTY LONG TIME. THE TRIANGLE PATTERN SUGGEST IT IS READY FOR BREAK OUT. BUT WE NEED A CONFIRMATION FIRST. IF IT CLOSES ABOVE 115 BY THE END OF THE DAY IN ANY TRADING SESSION IT CAN BE LONGED IN FUTURE. EVEN 15 MINUTES, MACD IS SIGNALING A BREAK OUT IN THE STOCK
VEDL BUY ABOVE 112 & SELL BELOW 110ONLY EDUCATION PURPOSE PLEASE TRADE WITH YOUR OWN RISK.
BUY ABOVE 112 IF SUSTAIN
SELL BELOW 110 IF SUSTAIN
PLEASE PROVIDE YOUR VALUABLE FEEDBACK'S FOR BATTER IMPROVEMENT.
THANKS,
SURYA
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
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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
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Positive & Negative Point:
1) Bullish in Daily chart
2) Neutral in Weekly Chart
3) Very bearish in monthly chart
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(Disclaimer: This is only for educational purpose and paper treading.)
VEDL DailyMost Probably will reverse from support based on market conditions.
Disclaimer- All ideas and charts shared by me are strictly opinions shared for educational purpose. Please exercise own caution while dealing with live market. Also I am not a SEBI registered advisor.
long opportunityhello
i have booked my intrday profit but feeling like it may take support of trendline and previous broekn resistance may turn into support.
191 grind up slow and steady Just revisiting this from earlier and looks like its set for a big move once we cross 119 or have the golden cross on the daily..
Lovely big zone after we cross 119 .
Another awesome trade for intra day if you check out the 4hr graph think 100 should offer good support since that is where the 200 is.
It got rejected at first then has reclaimed it so i expect further continuation.
HTF chart shows 252 also possible.
Do not know much about this company however if it looks like it should break this down trend line in a year or so ..
Levels on the chart shall keep an eye on this for a quickie..
Vedanta from 18 June 2020Multiple time resistance has been tested possible upside coming.. only trade uptrend ..
stock took the bounce from expected custom fib level ...
take trade from 108 with target 111 -> 115
Vedanta Limited Trading SetupPrice at trend line Support if any Daily candle close above the support of trend line than we can see price can touch the Last 5th wave of the Elliot Wave.
Looks good look into this setup and pay attention to Monday closing of the market
not bad R/R tradebut before any long term position, we should wait for this quarter gdp result. this will save you.
