Vedanta ltd

16 ต.ค. 2021

This stock is in wave 3rd of higher degree wave 5th, given breakout with good intensity of volume along with the upper bbc, macd and other indicators are also suggesting up move ahead towards north, one can go long at these levels or in dips with key levels mentioned on chart.

Wave Structure could be like this

Key Levels are mentioned on chart

macd in Weekly Uptick

macd in daily

Rsi in daily above 60 uptick

Breakout with good intensity of volume along with bbc

Dmi adx also positive Ungali setup


Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing