Till the time it keeps moving in the tube which it did since bottom@58- it is good as soon as it leaks out of the tube that will 1st sign of worry for Vedanta.
20 period moving average has given good support at 195- so, any close below 195 will be the first sign of weakness.
Also at previous resistance zone 230-235 should be crossed & sustained for the next leg upside.
So, Let Vedanta cross 230-235 zone & sustain to give us a feel that -it can move further upside.
20 period moving average has given good support at 195- so, any close below 195 will be the first sign of weakness.
Also at previous resistance zone 230-235 should be crossed & sustained for the next leg upside.
So, Let Vedanta cross 230-235 zone & sustain to give us a feel that -it can move further upside.
Handel aktiv:
10:45 Hrs 15th Nov2016
Day's High@230
Last Price@220
Zone 230-235 acted as resistance for the day- will the tube leak- let us wait & watch.
Day's High@230
Last Price@220
Zone 230-235 acted as resistance for the day- will the tube leak- let us wait & watch.
Handel aktiv:
15:30 Hrs 15th Nov2016
Closed at 209.75
Closed at 209.75
Handel aktiv:
17:02 Hrs 21st Nov2016
Day's Low@192
Closed@197.50
The Channel Leaks..down
Day's Low@192
Closed@197.50
The Channel Leaks..down
Best Regards,
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)
Abhishek H. Singh
Growth Director - TradingView India
YouTube Channel www.youtube.com/channel/UCYcnYveYBNLD-Qp54hvZogw
Twitter Handle
twitter.com/TalksWave
Telegram Handle
(Deleted)