Vedl : Weak setup NSE:VEDL Negative price action on chart setup. May come to 4 year moving average. Trend is negative.
VEDL trade ideas
VEDL SHORTStock breakdown neckline
20DEMA is resistance
Stock complete in downtrend
Entry for short TRADE for Good risk reward.
Macd bearish crossover
RSI also Bearish
Disclaimer This is my personal view for education purpose only.
Will Vedanta be the next RelianceVedanta definitely wants to see higher prices, now at level of support which was resistance earlier.....Any good news can propel this company to new heights.....My personal target is 1050.....I'm only investing 10% of my capital, will continue to add on every negative day or any price below my average cost......you can start adding little by little from today onwards....I'm not mentioning stop loss as I'm an investor and a swing trader at best...use your own risk management...
VEDL potential bottom , conditons apply 1) can long at 240 sl 233
2) can long on cls abv 246 sl 233 swing
Vedanta Resources Is Disaster in making.Vedanta has been in news for some time now for many reasons.
Looking at the medium-term chart it is looking for quite weak ... with the support line at threat .. looks like Vendanta may be moving to double digit over the period... once the trend line is broken
VEDLIt is good set up with good risk reward. Next week as per my understanding metals should outperform the NIFTY.
Vedanta breaking resistance lineVedanta Ltd breaking it's very long resistance line, now onwards will increase and reached 300 in long
#VEDL - Ready for breakoutVedanta - it just broke the previous down trend channel marginally. Confirmation will be at strong break of 288.40 for a nice swing to 295 - 300 - 318 (strong resistance), break of which can take to 338 +. Current support levels 278 - 276 - 267 - 248.
Short term positive (week and medium term (1Qtr) also positive.
VEDL : WATCHOUT FOR TRENDLINE BREAKOUTNSE:VEDL is near its Downtrend line. Trade can only be taken after candle closing above the trendline
VEDL BUY
We have a Super strong Fundamentals as they have recently acquired the semiconductor firm.
Also the Price has reacted to a Weekly Demand and Now has also started violating Supplys and respecting Demands hence Buying as the Reward to Risk ratio is favourable.
VEDL-HOURLY/DAILY-AT SUPPORT LEVELSNSE:VEDL
Stock is consolidating between 275-285 from past a month. From past few days (Last week of June) The stock is getting seller pressure however it is not able to close below 275. It’s a sign of strength that buyers are defending this level.
Today Stock has shown a bullish hammer around the support level. It’s good time to go long with Small SL.
SL 273-274 , Target would be as per the risk reward.
This is only for educational purpose, please manage your risk accordingly.
VEDL BUY NOW
Price has reacted to a Weekly Demand and has confirmed an Uptrend as per the Daily chart,
Yesterday Price gave a pullback into a Daily Demand with an amazing reward for the risk.
ENJOY THE RIDE ! ! !
Vedanta Vedanta is at critical support now standing at one of the Fann angles which has been its support for a long time
By forming HL, it is expected to bounce back from next week onwards considering the bullishness in the metal sector.
VEDANTA ONE LAST BUY BEFORE THE FALL! ! !
Price has a Monthly Supply formed and has to reach it in order to continue the downtrend,
Therefore we have a Weekly Demand which will drive the Price till the Monthly Supply area, the Reward to Risk ratio is 3:1
ENJOY THE RIDE ! ! !
VEDL_07.06.2023Again VEDL on trend. Watch the lines for probable reversal. For educational purpose only.
#VEDL... Looking good 23.05.23#VEDL.. ✅▶️
Intraday as well as swing trade
All levels given in charts ...
IF good potential seen then we work in options also
if activate then possible a huge movement Keep eye on this ...
We take trade only when it activates...
Possible to give good target
TRADING FACTS
#Vedl Hourly break out Small SL Tgt - 305#vedl - hourly break out - very small SL - short term trade.
PS :Only for learning purpose.
VEDLMay touch 293 levels, in hope of good dividend. Result expected as per our team's research seems to be at neutral to negative. For study purpose only.
VEDLVedanta 1h break out chance to upside moment. if down side break the chances are less for risk reward ratio...
Vedanta PROS
Stock is providing a good dividend yield of 28.5%.
Company has delivered good profit growth of 28.8% CAGR over last 5 years
Company has a good return on equity (ROE) track record: 3 Years ROE 25.3%
Company has been maintaining a healthy dividend payout of 32.6%
CONS
Promoters have pledged 100.0% of their holding.
Notes.- This chart only for knowledge purpose not for trading
vadnata ltd long vdl is in demand zone of day tf
can be long in the given 259-263 zone
stop loss day closing below 253 and closing of real body not wicks :))
targets 286 and 294
VEDANTA : Break Rising Wedge Pattern Vedanta Ltd. Stock on Daily TF wee can see that Stock had trend change from 9th Feb' 23.Broken the Rising wedge Pattern with high volume on 9th Feb. & now continue the downside journey. Stock weak on short & long term momentum.
Entry : CPM
SL : 307
Downside move : 288,276
