Priyanka Limaye, CA, CMT explains how to trade these stocks:
Vedanta
If it clears and stays above 392, the stock has good prospects of testing its life high of 440 in the medium-term. On the downside, 340-320 are likely to act as good support zones now.
Petronet LNG
It is expected to test the 350 mark very soon, and any dip towards 290 can be used as a buying opportunity with a stop of 280.
IndiGo
In the short term, it is expected to test 4050 -4100 which is a minor technical hurdle. If the stock sustains above 4050-4100, it can touch 5000 levels. On the downside, 3400-3300 is likely to act as a strong support.
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