VEDL | Breaking resistance zone | 10 to 20% upside potential
320-325 has been resistance zone for VEDL since May'22.
The stock now seems to be breaking out above 325 levels with good volume.
If sustains above 325 (2 days closing) above 325 levels, will give good confidence on further up move2.
Targets coming to 360+, 390+ in 1-2 months.
SL: Daily candle close below 320.
The stock now seems to be breaking out above 325 levels with good volume.
If sustains above 325 (2 days closing) above 325 levels, will give good confidence on further up move2.
Targets coming to 360+, 390+ in 1-2 months.
SL: Daily candle close below 320.