kunal_finner

VEDL India - This one goes onto top of the tracking list

Long
kunal_finner Aggiornato   
NSE:VEDL   VEDANTA LTD
Vedanta has a few things going for it
  1. Bears tried to bring the stock down a few months back and failed. News of fund raising kept it high
  2. News of capital efficiency is coming in and news of a new fund raise by selling off steel assets
  3. COnsolidation on a weekly and daily basis - the stock seems to be waiting for some news
  4. Results will come soon but the last 2 results have been fairly irrelevant - this is now a special situations play

Am tracking this stock closely - any upshift in momentum with volumes is a cue to get onborad

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Commento:
2% down on foxconn news - i think that news is already in the market. Observing now to get into the stock at a good price.
Commento:
Still in the box - wait and watch still
Commento:
Still holding the 21 - so nothing to do here. If it fails - then take it off the watchlist
Ordine annullato:
Nothing setting up properly - cancel

Best advice ever - Cut your position size by half.
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