Vedanta ready for the uptrend!๐คฉ๐ธ๐ฅ
Buy Vedanta for Positional Trading as well as Investment.๐ธ๐ฅ๐ธ
Comment your viewsโผ๏ธ๐
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๐กFuture view:
The steady growth in both - volumes and metal prices - along with optimum utilisation of capacity should translate to strong growth across verticals in the coming months. Furthermore, the companyโs foray into the mining of critical minerals such as nickel and cobalt with significant potential in the manufacturing of stainless steel and lithium-ion batteries for EVs bodes well for future growth.
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โ Both Technically and Fundamentally strong stock.๐ช๐ช
The company recently posted the best Q3 Result.
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๐technofunda_traderโ
Few Important rules from my Trading Philosophy:โ
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position gradually as the stock rises.
โ 5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share ๐๐๐
Comment your viewsโผ๏ธ๐
.
๐กFuture view:
The steady growth in both - volumes and metal prices - along with optimum utilisation of capacity should translate to strong growth across verticals in the coming months. Furthermore, the companyโs foray into the mining of critical minerals such as nickel and cobalt with significant potential in the manufacturing of stainless steel and lithium-ion batteries for EVs bodes well for future growth.
.
โ Both Technically and Fundamentally strong stock.๐ช๐ช
The company recently posted the best Q3 Result.
.
๐technofunda_traderโ
Few Important rules from my Trading Philosophy:โ
Don't compromise on the quality of stock.
2. Buy right, Sit tight- Only sell in loss if the fundamentals deteriorate, problems arise in management or any other similar issues.
3. Don't invest more than 5-10% in any stock & more than 25% in any particular or related sector.
4. Build position gradually as the stock rises.
โ 5. Trade in the direction of the bigger trend.
6. Ride the trend, don't sell your winners early.
.
Like, Comment & Share ๐๐๐
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