MTECHTIPS:- VEDL

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MTECHTIPS:-    VEDL:-   VEDL is in HOLD LONG position Share has crossed the high but the trend was not strong and sellers was at high so for short term better buy above 234.3 with stop at 212.05 The VEDL is now trading is approaching overbought level. The oscillator is showing BUY signal .The short term buy signal is supported by 75 % indicators.
Intraday trend-Buy is advised only above 234.3 with a stop at 228.1 Below 226.3 go for sell and put stop at 232.6 The intraday signal is BUY and it is supported by 73 % indicators.

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