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VEDANTA LTD

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VEDL trade ideas

VEDLNSE:VEDL THIS HAS FINALLY BEEN ABLE TO FLY, IT HAS CROSSED 122 LEVELS OF MARCH AND TRYING TO SUSTAIN THOSE IF IT SUSTAINS 122.50, ITS GOING TO REACH FOR 126 AND THEN FOR 130 THE OI ADDITION IN PUTS OF 120 SHOWS BULLISHNESS........... HAVE IT ON UR LIST ****************************************************************************************************************************************************************** Hi all, Its pleasure to have you all here. I have started putting these charts as a contribution from my side to all people who are new to business, as I had to struggle a lot without any sources at disposal. So please consider this a just small contribution from my side. Few Honest Disclosures: 1. Any idea shared is my personal view, its not a recommendation, neither any kind of paid propaganda, so please do your bit of research. 2. Ideas shared does not mean that I trade all or have position in them, this is just a helping hand to all. 3. I expect no comments or like nor any negativity, as I said its just a small helping hand from my side, please plan your risk and trade as per your capacity. 4. To trade in Cash, options or futures is your sole choice and your own risk 5. I am no expert in Tech Indicators, I believe in support resistance and trendline theory, you may use this as a supplement theory for better results. 6. I work for my own living, this is a hobby which I do sincerely to help anyone who might come across my charts. ***********************************************************************************************************************************************
NSE:VEDLLong
by akkshay11
2
VEDANTA - On support with Inside Bar - Ascending Triangle#Vedanta is moving under Horizontal channel and now creating the small Ascending Triangle. Today stock closed above support trendline and created the Inside Bar with 7 day narrow range candle. You can see reversal in tomorrow trend. Showing Mix result in Technical Parameter: CCI were trending down but now reversing RSI were trending down but now reversing ROC is treading UP William R% is treading UP ATR is decresing since 5 day New Long ---------------------------------------------------------- Support : 105 and 102 Breakdown : 107 (OR Gap down opening) LTP : 109.10 Breakout : 111.45 (OR GAP UP opening) Short Target : 114.65 and 120 ---------------------------------------------------------- Positive & Negative Point: 1) Bullish in Daily chart 2) Neutral in Weekly Chart 3) Very bearish in monthly chart ---------------------------------------------------------- (Disclaimer: This is only for educational purpose and paper treading.)
NSE:VEDLLong
by singajai