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MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (February 12, 2024 – February 16, 2024)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 6.10%.

Technically, Vedanta share price will see immediate support at 266.55 and immediate resistance would be seen at 284.00.

If Vedanta share price closes below immediate support of 266.55, then sharp breakdown can be seen. Vedanta share price will see major support at 258.75 for the week.

On the positive side, immediate resistance will be seen at 284.00. Closing above 284.00, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 293.65 for the week.

Trading range for Vedanta share price for this week should be between 249.10 on down side and 301.45 on up side.

Vedanta Previous Week High: 285.85

Vedanta Previous Week Low: 268.4

Vedanta Previous Week Range: 17.45 Points

Vedanta share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 301.45
Resistance 2 293.65
Resistance 1 284.00
Support 1 266.55
Support 2 258.75
Support 3 249.10
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