ShobhitAgarwal

Vedanta Short

Short
NSE:VEDL   VEDANTA LTD
Both Cairn and Vedanta are going to pull each other. Vednta has just broken 500DMA and will be a free fall from here until it finds support at 50DMA.
Extremely rewarding trade with upside of 13% and stoploss of 2%

CAIRN chart is corroborated with drop in USOIL prices. It is a high conviction trade.

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