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This is a discussion on Vedanta within the UK Shares forums, part of the Equities category; Anyone have a view on vedanta resources. I think they are worth a short been going up too much for ...

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Old May 29, 2009, 8:10am   #1
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Vedanta
Anyone have a view on vedanta resources. I think they are worth a short been going up too much for no real good reason......
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Old May 29, 2009, 8:12am   #2
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96pills started this thread Distance to 20 days moving average: 23.3539%
Distance to 200 days moving average: 76.5602%
It is just accelerating too fast
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Old May 29, 2009, 9:30am   #3
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just my tuppence but i,ve got support at 1495,res at 1700
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Old May 29, 2009, 1:28pm   #4
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96pills started this thread yer got in at 1610 i dont think it will test the resistance it wont reach it.... it came off at the end off the day probs goin south....
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Old Jun 1, 2009, 5:45am   #5
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96pills,i hope you covered that short this am,it gave you a chance to get out for a small loss.when it gapped up and came back to support.it is now at an area to watch price action.breakout pullback for longs or bearish candles,break of trend for shorts.good luck.
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Old Jun 1, 2009, 11:28am   #6
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imo,support now at 1688,target 1850 ish.lets see if we get a pullback for along at 1700.
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Old Jun 2, 2009, 6:05am   #7
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96pills started this thread i got out this for small loss might go back in at some point...
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Thanks! The post above is recommended by: superspurs
Old Jun 4, 2009, 4:31am   #8
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96pills started this thread was back in at 1610 making around 50p per share atm
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