Vedanta ltd

By RK_Charts
This stock is in wave 3rd of higher degree wave 5th, given breakout with good intensity of volume along with the upper bbc, macd and other indicators are also suggesting up move ahead towards north, one can go long at these levels or in dips with key levels mentioned on chart.

Wave Structure could be like this
snapshot
Key Levels are mentioned on chart
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macd in Weekly Uptick
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macd in daily
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Rsi in daily above 60 uptick
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Breakout with good intensity of volume along with bbc
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Dmi adx also positive Ungali setup
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
Technical IndicatorsTrend Analysisvedantavedanta_longVEDLWave Analysis
RK_Charts
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Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.