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MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (January 29, 2024 – February 02, 2024)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 6.12%.

Technically, Vedanta share price will see immediate support at 253.83 and immediate resistance would be seen at 270.18.

If Vedanta share price closes below immediate support of 253.83, then sharp breakdown can be seen. Vedanta share price will see major support at 244.07 for the week.

On the positive side, immediate resistance will be seen at 270.18. Closing above 270.18, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 276.77 for the week.

Trading range for Vedanta share price for this week should be between 237.48 on down side and 286.53 on up side.

Vedanta Previous Week High: 267

Vedanta Previous Week Low: 250.65

Vedanta Previous Week Range: 16.35 Points

Vedanta share price support and resistance for the week (January 29, 2024 – February 02, 2024)

Level Type Value
Resistance 3 286.53
Resistance 2 276.77
Resistance 1 270.18
Support 1 253.83
Support 2 244.07
Support 3 237.48
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