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NSE:VEDL Long

Oleh saiography
VEDL Looks good for a long trade considering,
  • The divergence in MACD and price at lows of July & August on daily charts [Purely Technical Call]
  • MACD buy signal below Weekly is due. If the price is lead by a break-out above 235 [which will give support of Volume profile, see the chart below] and can lead to a trend reversal with a target of 350 keeping SL below 200


https://www.tradingview.com/x/9y1x8OiJ/
Centered OscillatorsDivergenceLONGnsenseindiansestocksSupport and ResistanceVEDLvedllong
saiography

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