Vedanta Limited Bullish ( Range breakout daily chart)
Vedanta ltd (VEDL) is bullish for next few days or weeks.
Buy on dip will be my favorite condition...but I will wait higher high- higher low creation on smaller time frame.
Price can created 2 conditions-
1. Test previous resistance, which will act as a support then price will bounce.
2. Price will not bounce after consolidation.
I am not SEBI registered and not recommending to buy or sell, this is just my overview as per price action logics.
Buy on dip will be my favorite condition...but I will wait higher high- higher low creation on smaller time frame.
Price can created 2 conditions-
1. Test previous resistance, which will act as a support then price will bounce.
2. Price will not bounce after consolidation.
I am not SEBI registered and not recommending to buy or sell, this is just my overview as per price action logics.
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