Stock of the day : Vedanta Ltd For Target Rs.495 - Religare Broking
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Vedanta Ltd.
* Selective Metal stocks are showing some traction and VEDL among the pack has registered a breakout on the daily chart.
* The stock has recorded a breakout from intermediate falling resistance trendline holding above its short term moving average.
* Considering price action and volume activity, prices looks set to surpass its previous swing high.
* Traders can consider fresh longs in the mentioned range
Buy Vedanta Ltd CMP 469.10 Range 468-470 SL 456 Target 495
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