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
VEDL trade ideas
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
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 ? 😍
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!🥂
Vedanta breakout of the range & resistance with good volumecan be a good in this bull run market which stock was in under perform.
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 only
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
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
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 .
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.
VEDL Perfect breakout set up?VEDL has crossed the resistance with a strong candle and this move is supported by volume as well. It might move to target marked in some time.
Stochastic has changed its direction, and started moving up. It can also be an added confirmation of a positional buying setup/ investment.
Simple charts, so that, everyone can understand. I'll be posting more such ideas like this. Until that, like share and follow :)
Thanks,
Wayfarer.
keep learning and keep earning.
Disclaimer: Please note that we are not registered advisors and the views expressed here are solely personal opinions. We strongly recommend consulting with your financial advisors before making any investment decisions.
VEDL - BULLISH Stock name - Vedanta Limited.
✅#VEDANTA trading above Resistance of 358.
✅Next Resistance is at 430.
✅Moved 40% in 18 weeks.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - C
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
Vedanta best buy for investment Hello frds,
Vedanta is now @ 264 Rs
Target 300 / 407/ 508
best investment idea.
stop loss 235 Rs
Note this idea for education study purpose only.
VEDL - Bullish Chart SetupStock name - Vedanta Limited.
✅#VEDL trading above Resistance of 244.
✅Next Resistance is at 284.
✅Moved 24% in 16 weeks.
Weekly chart setup
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Master Score - C
Disclaimer: This is for demonstration and educational purpose only. this is not buying and selling recommendations. I am not SEBI registered. please consult your financial advisor before taking any trade.
VedantaVedanta Limited is an Indian multinational natural resources company that primarily operates in the fields of oil and gas exploration, production, and processing; metals and mining; and power generation. Vedanta Limited is a subsidiary of Vedanta Resources Limited, a global diversified metals and mining company.
Swing trade Idea in Vedanta
Buy NSE:VEDL
CMP 310
TP 342
SL 286
Vedanta Ltd. is a natural resource company, which engages in the exploration, extraction, and processing of minerals, oil, and gas properties. It operates through the following segments: Copper, Aluminum, Iron Ore, Power, and Oil & Gas. The Copper segment focuses in custom smelting and also include a copper smelter, a refinery, a phosphoric acid plant, a sulphuric acid plant, a copper rod plant, and three captive power plants. The Aluminum segment comprises refinery and a captive power plant at Lanjigarh and a smelter, a thermal coal based captive power facility at Jharsuguda both situated in the State of Odisha in India. The Iron Ore segment explores, mines, and processes iron ore, pig iron, and metallurgical coke. The Power segment consists 600 MW thermal coal-based commercial power facility at Jharsuguda in the State of Odisha in Eastern India. The Oil and Gas segment involves in the exploration and development and production of oil and gas. The company was founded by Dwarka Prasad Agarwal on June 25, 1965 and is headquartered in Mumbai, India.
Important levels for the weekHey folks!
Marked few important level which can be used in this week.
I am expecting some bullish move with traget a small stoploss.
Buying area is a good entry point and stoploss is necessary.
Use this with your analysis too have an edge.
📈 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!
Vedanta Ltd.*Vedanta Ltd.*
P&F Formation on Monthly Basis.
Strong Price BreakOut & Sustained.
Strong Vol. Consolidation & Continued BuiltUp.
*W* Formation on Monthly Basis.
C&H Formation on Yearly Basis: Underway. For completion, require Price BreakOut > 439 & Sustain. To be Watched.
RSI: 1H >D =W >M. All in Bullish Zone.
EMAs: Widening Gaps amongst 20/50/100/200.
*Trail SL with Upside*
*Book Profit as per Risk Appetite*
*_Group working on De-Leveraging Actively_*
*_Do Your Own Research as well. This is an Opinion._*
Happy Investing 😇
VEDL MIGHT GIVE A B.OVeld might give a possible up move with a decent stoploss and good Targets for swing to positional trade
ENTRY - 273-273.5
STOPLOSS - 269
TARGETS- 282, 285, 290++
NOTE- if any trade or value that's gone from the marked levels then that's not our trade just let it go or wait for it to come back
I'm not sebi registered this is my personal view
