When I gave my analysis early on in the year for Vedanta, I gave my projection of 540-570 for the bottom of higher degree wave 2. Are we now into the 3rd wave? I think we are.
Discussions most welcome.
Vedanta has returned to its long term trend line so could be worth a first attempt trade. Trend line touch is also at 38.3 Fib and return to moving average, with this we have RSI diverging to price and potential for MACD bullish divergence, although not completed yet.