Vedanta Limited has finished its wave (2) correction and has started a new uptrend as wave (3) on the weekly chart. The breakout from the falling channel shows strong bullish momentum with higher highs forming. Increasing volumes and steady price movement suggest that buyers are back in control, and the stock may continue to rise in the long term. Traders can long for the following long-term targets for wave (3): 525 – 568 – 600+.
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NSE SYNGENE – Swing Setup
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