It is clearly visible that vedanta is on its main support level which is 205-210 as from this level vedanta had always given a bullish move so we can expect that this time its not be different case and second sign of bullishness is that it is forming a Double Bottom too.
Now, the target will be 300 as its psychological resistance and long target will be considered 330-340 and stop loss is pretty simple if it breaks its major support that will be the stop-loss but don't exit immediately if you bought at this level it might be trap of operators becoz they know what retailers will think.
Personal view not recommendation.
Now, the target will be 300 as its psychological resistance and long target will be considered 330-340 and stop loss is pretty simple if it breaks its major support that will be the stop-loss but don't exit immediately if you bought at this level it might be trap of operators becoz they know what retailers will think.
Personal view not recommendation.