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MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (May 13, 2024 – May 17, 2024)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 6.38%.

Technically, Vedanta share price will see immediate support at 395.57 and immediate resistance would be seen at 422.27.

If Vedanta share price closes below immediate support of 395.57, then sharp breakdown can be seen. Vedanta share price will see major support at 380.43 for the week.

On the positive side, immediate resistance will be seen at 422.27. Closing above 422.27, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 433.83 for the week.

Trading range for Vedanta share price for this week should be between 368.87 on down side and 448.97 on up side.

Vedanta Previous Week High: 418.7

Vedanta Previous Week Low: 392

Vedanta Previous Week Range: 26.7 Points

Vedanta share price support and resistance for the week (May 13, 2024 – May 17, 2024)

Level Type Value
Resistance 3 448.97
Resistance 2 433.83
Resistance 1 422.27
Support 1 395.57
Support 2 380.43
Support 3 368.87
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