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MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (August 21, 2023 – August 25, 2023)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 2.87%.

Technically, Vedanta share price will see immediate support at 230.63 and immediate resistance would be seen at 237.48.

If Vedanta share price closes below immediate support of 230.63, then sharp breakdown can be seen. Vedanta share price will see major support at 227.92 for the week.

On the positive side, immediate resistance will be seen at 237.48. Closing above 237.48, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 241.62 for the week.

Trading range for Vedanta share price for this week should be between 223.78 on down side and 244.33 on up side.

Vedanta Previous Week High: 238.9

Vedanta Previous Week Low: 232.05

Vedanta Previous Week Range: 6.85 Points

Vedanta share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 244.33
Resistance 2 241.62
Resistance 1 237.48
Support 1 230.63
Support 2 227.92
Support 3 223.78

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