Bullflag + Fibs retracement for bullish Continuation Expected Bullflag + Fibs retracement for bullish Continuation Expected
VEDL trade ideas
Vedl - Intraday Trade SetupVedl CMP - 176.40
Looking bearish in higher time frame. One can go for Intraday / Swing Trade setup with the following entry, exit & targets
Sell at or Below 175 / Stop Loss 180
Target 1 - 173
Target 2 - 171
Target 3 - 169
Disclaimer: This is my view and for educational purpose only.
Vedl { 1hr frame short }It's a break out trade . If you notice the trendline it's getting breched by 1hr tf candle which is a good confirmation , Rest is as per charts
Note :-
Entry - At the break of mentioned candle's low/high
Stop Loss -
In a Short Trade, I always use Previous Candle High ( PCH ) as a stop loss while entering the trade. Sometime I might use 15 M tf SL & trade in 30M tf which I'll mention. Vice Versa for long trades
Trailing Stop Loss ( TSL ) - Mostly I trail stop loss by PCH as price falls . I exit as PCH breaks & vice versa
Use of PSAR as TSL :- TSL get's hit in trend following due to noise, In such cases I use PSAR to be in trend & exit if PSAR direction change
You can use any one of above mentioned or your own way to manage risk
Time Frame :- I take ~ 90% of my intraday trades in 15m tf. Where my analysis might come from higher frames like W , D or 1hr chart pattern which will be mentioned.
Target :- I do set target line based on support / resistance slightly above/ below it . Please pay attention to it
triangle trendline supporti missed sharing of triangle breakout , but now stock has given one more entry, after breaking triangle ,stock has taken support of upper trendline with volume rising .
Vedanta LongEntry on close above 168
TGT 1 : 190.5 - 190.7 : Short Term Trend
TGT 2 : 200.7 : Daily Trend
TGT 3 : 220 : 223.15 : Weekly Trend. It can extend up to and beyond 277.7 on a weekly basis.
SL 1: 161
SL 2: 155.4
SL 3: 129
Support @ 141:142
Vedanta LongLong @ 168.5.
SL Trigger @ 160.95.
Profit Level @ 200.7
The SL trigger can be lowered to trigger @ 160.
Risk-Reward : 4.26
VEDL - CMP 167.4VEDL - CMP 167.4 can be taken with a sl of 158 CLBS for a target of 174.65, 190.35, 200++. It is on flag break out with good volumes. Above 174 breakout can be confirmed. This is for educational purpose and any investment shall be done after taking financial expert avice.
Vedl - Intraday Trade SetupVedl CMP - 160.10
Looking bearish in higher time frame. One can go for Intraday Trade setup with the following entry, exit & targets
Sell at or Below 159 / Stop Loss 163
Target 1 - 157
Target 2 - 155
Target 3 – 153 / 150
Disclaimer: This is my view and for educational purpose only.
Vedanta {Towards Victory}Vedanta has a history of forming highs every 3-4 years. Seems like we are at the right end of the cycle.
Would be an interesting experience to see this journey firsthand.
#VEDL Sell once 90 breaks for 75 60 VEDL has formed a pattern where if 90 breaks, it is entering long term downtrend then where we can see 75 60 levels
Vedl - Bearish WolfeWaveAgain a fall expected in VEDL as it formed bearish wolfe wave on 15 mins TF...
Vedl - LongVedl CMP - 99.75
Looking bullish in higher time frame. One can go for Intraday trade setup with the following entry, exit & targets
Buy at or Above 100 / Stop Loss 96
Target 1 - 102
Target 2 - 105
Target 3 – 107 / 110
Disclaimer: This is my view and for educational purpose only.
Vedl - Interesting LevelsVedl CMP - 99.25
Very Interesting pattern is been formed. Have an eye on this stock as it is breakout candidate and can fly anytime.
Short Term Investors stop loss should be - 90
Buy Only above 99.50 - 100.50 / Stop Loss 95 (Intraday)
Target 1 - 102
Target 2 - 103
Target 3 – 105 / 109
Shorterm - 120
# 23 Long Vedanta, to Ride the trendNSE:VEDL
Price taking support at Kijun Sen and the close proximity of Tenken and kijun make risk: reward quite favorable
Views Negated below: 125 on Closing Basis
#Disclaimer: I'm not a SEBI Registered Research Analyst, These are my views, please consult your Investment Advisor before buying and selling any position. This is just for Education Purpose.
