Buy Vedanta Ltd For Target Rs.305 - Religare Broking Ltd
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Vedanta Ltd
* We have been witnessing noticeable traction in the metal space and seeing improvement in participation as well.
* VEDL is trading on the verge of a fresh break from a distorted cup and handle pattern which indicates a pause.
* The chart pattern combined with overall favorable sentiment is adding to confirmation.
* We thus recommend creating fresh longs in the mentioned zone.
Buy Vedanta Ltd CMP:284.75, Initiation Range 284-286, Stop Loss 275, Target 305
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