Vedanta Limited
Panjang
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#Vedanta breakout in progress

126
Bullish divergence met target &daily rounding pattern breakout in progress and weekly approaching a very wide weekly W pattern breakout neckline. Cautious of a weekly bearish divergence emerging &use tight stop loss at rounding pattern neckline
Nota
bearish momentum divergence in progress and almost met target probably now keep tight stop loss below neckline. There is bullish reverse divergence and change in polarity on daily that could move up if confirmed.

Penafian

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