1. DIYTechnicalAnalysis is a private community of traders and investors interested in building wealth from Indian equity market. You can become a member with a one time registration fee of ₹199. Click here to become a member

Vedanta

Discussion in 'Chart of the Week' started by rahul_kumar, May 12, 2017.

  1. rahul_kumar

    rahul_kumar Member

    Joined:
    May 12, 2017
    Messages:
    27
    Likes Received:
    18
    Expecting good profit from Vedanta. Also LIC has increased holding in Vedanta. One can buy for short term with target price of 252 to 253. Please maintain SL of 232.

    Sent from my ONEPLUS A3003 using DIY Technical Analysis mobile app
     
  2. shabbir

    shabbir Administrator Staff Member

    Joined:
    Apr 30, 2012
    Messages:
    6,669
    Likes Received:
    1,938
    I don't like loss making companies and Vedanta has shown loss in March 2015 and 2016. Also debt is very high and so definitely not an investment play. Technicals look awesome though