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MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (May 27, 2024 – May 31, 2024)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 9.30%.

Technically, Vedanta share price will see immediate support at 444.68 and immediate resistance would be seen at 491.83.

If Vedanta share price closes below immediate support of 444.68, then sharp breakdown can be seen. Vedanta share price will see major support at 428.57 for the week.

On the positive side, immediate resistance will be seen at 491.83. Closing above 491.83, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 522.87 for the week.

Trading range for Vedanta share price for this week should be between 397.53 on down side and 538.98 on up side.

Vedanta Previous Week High: 506.75

Vedanta Previous Week Low: 459.6

Vedanta Previous Week Range: 47.15 Points

Vedanta share price support and resistance for the week (May 27, 2024 – May 31, 2024)

Level Type Value
Resistance 3 538.98
Resistance 2 522.87
Resistance 1 491.83
Support 1 444.68
Support 2 428.57
Support 3 397.53
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