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Vedanta closed the previous week on a negative note losing 4.65%.
Technically, Vedanta share price will see immediate support at 232.77 and immediate resistance would be seen at 244.02.
If Vedanta share price closes below immediate support of 232.77, then sharp breakdown can be seen. Vedanta share price will see major support at 226.13 for the week.
On the positive side, immediate resistance will be seen at 244.02. Closing above 244.02, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 248.63 for the week.
Trading range for Vedanta share price for this week should be between 221.52 on down side and 255.27 on up side.
Vedanta Previous Week High: 242
Vedanta Previous Week Low: 230.75
Vedanta Previous Week Range: 11.25 Points
Vedanta share price support and resistance for the week (December 04, 2023 – December 08, 2023)
| Level Type | Value |
|---|---|
| Resistance 3 | 255.27 |
| Resistance 2 | 248.63 |
| Resistance 1 | 244.02 |
| Support 1 | 232.77 |
| Support 2 | 226.13 |
| Support 3 | 221.52 |
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