Vedanta Limited
Long

An idea for investors (positional only)

1 534
VEDL has given a 4 month range breakout and closed above 200 EMA after more than 4 months.

Today it has tested its 13 month trendline and closed above it.

Buy above 301 (positional only) and carry on day closing basis.

It can retest the latest range as well below moving up so one can add on dips till 287.

Positional targets would be 315, 324 and 337.

This is not an intraday recommendation.

Learn & Earn,

Dr. Tanya Kumar

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