VEDL is Currently reacting to the Resistance created by the Trend Line. The candle patterns suggest a recurring selling pressure arising from this Level.
Also, there is a Bear Sash pattern here (Marked in arrow), indicating that the stock has prepared for a down move in the coming days.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.