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Vedanta Limited (VEDL)
Metal stocks are trading under pressure and VEDL is also trading in line with the others. Though it has witnessed marginal bounce of late but couldn’t surpass the hurdle around 170 and formed a fresh shorting pivot. We advise initiating fresh shorts as per the recommended levels.
Sell Vedanta Limited Futs@165-166 Stoploss 170 Target 155 CMP 163.85
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