mihirpatel2747

strong buy vedanta

Long
mihirpatel2747 Updated   
NSE:VEDL   VEDANTA LTD
As we can see the downward channel in vedanta. and on friday it has took the support from the bottom of the channel. we can see that from the last 3 4 months vedanta is trading on lower low due to its highly paying dividend. is went down to the 210 from 330 approx. in last 6 months to 1 year. but i think its a dead end and over sought stock so even if we see the fundamentals of the company, they are strong. will be the first company in the segment of semi conductor. so, vedanta is on the discounted price right now. strong buy recomendation
Comment:
plz leave your opinons for vedanta. that we can built healthy community for indian stock market.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.