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MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (January 22, 2024 – January 26, 2024)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 7.21%.

Technically, Vedanta share price will see immediate support at 256.95 and immediate resistance would be seen at 277.00.

If Vedanta share price closes below immediate support of 256.95, then sharp breakdown can be seen. Vedanta share price will see major support at 247.45 for the week.

On the positive side, immediate resistance will be seen at 277.00. Closing above 277.00, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 287.55 for the week.

Trading range for Vedanta share price for this week should be between 236.90 on down side and 297.05 on up side.

Vedanta Previous Week High: 278.05

Vedanta Previous Week Low: 258

Vedanta Previous Week Range: 20.05 Points

Vedanta share price support and resistance for the week (January 22, 2024 – January 26, 2024)

Level Type Value
Resistance 3 297.05
Resistance 2 287.55
Resistance 1 277.00
Support 1 256.95
Support 2 247.45
Support 3 236.90
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