Vedanta On Daily Charts - Ready for upswing

14 Jan 2022

VEDL

Vedanta is making strong pattern on daily time frame. Go for Long from here.

Current Price: 341 rs
Good Entry Point: 330 - 345 rs
Target: 380 rs - 420 rs
Stop Loss: 318 rs (12 rs SL)
RSI: <60 (Not in over brought zone)
Probability: Positive for Long position
Risk Reward Ratio: 1:5

Please share with your family and friend if you like the idea to go long. This chart is only for educational purpose. Consult with your financial advisor before making any investment.

Happy Investing..