Saturday, 16 September 2017

VEDL : Pain ahead.Exit holdings.

I express my views on VEDL,the company I admire.



All indicators point downwards.My fibs indicate a midterm uptrend cycle has ended.
Correction has started. My initial thought was is it advisable to enter a correction?
My levels shows  abc correction, " a " possibly at 287-289 and " c" at 257-259.

I will Sell VEDL 320-325 stop 333.75  with targets of 291 and 261

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