Positional Trading Idea on Vedanta

2024년 4월 9일

VEDL

Vedanta is closed near 341 resistance level. Crossing above 341 may lead stock to near 390 level. Trailing Stop Loss near 315 level. Drawing Fibonacci extension considering recent High near 341 and Low near 207, the 1.618 extension level is around 420 level. Stock is expected to touch 390- 420 level in near term.

2024년 4월 18일

노트

Target of 390 achieved. Next target is 420 level.

2024년 5월 5일

노트

Touched 420 target level on 3rd May 2024. Weekly close above 420 will pave path for target of 550. Trailing Stop Loss should be placed near 395.