Note: This is for educational purpose only.
The price of VEDL is moving in a channel but there is a bearish cloud cover formation in VEDL which indicates there is a bearish sentiment. Expecting price to touch the lower part of the channel. Based on the price action when price reaches at the lower part of the channel, further trend can be determined.
The price of VEDL is moving in a channel but there is a bearish cloud cover formation in VEDL which indicates there is a bearish sentiment. Expecting price to touch the lower part of the channel. Based on the price action when price reaches at the lower part of the channel, further trend can be determined.