Stock of the day : Vedanta Ltd For Target Rs. 495 - Religare Broking
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Vedanta Ltd
* Buying interest is seen throughout the metal space, and VEDL is among the strongest counters.
* Stock is under rising trend with major support at 100EMA and its rising trend line.
* Recently, stock rebounded from the 100 EMA zones and has formed strong consolidation base.
* Stock likely to continue its positive trend and we maintain momentum buy on the stock.
* Traders can accumulate the stock in the mentioned range for a given target.
Buy Vedanta Ltd CMP 469.5 Range 468 - 470 SL 458 Target 495
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SEBI Registration number is INZ000174330
