Vedanta Limited
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VEDL short term positional BUY!!

148
  • Vedl can be bought now for a target of 260.
  • Stop loss around 242 which is the point from which it gapped up to break the ascending triangle which is a strong buy sign.
  • Best setup is to book half profits at 260 and wait for it to break the resistance zones which will allow it to reach 280 levels.
Nota
can expect the target to be hit within 2-3 days
Nota
reached a high of 259.4 and retracing as expected. book partial profit near the 260 zone trail the rest with 255.5 SL
Nota
continue with CBSL at 321

Penafian

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