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MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (October 02, 2023 – October 06, 2023)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 8.45%.

Technically, Vedanta share price will see immediate support at 211.30 and immediate resistance would be seen at 230.50.

If Vedanta share price closes below immediate support of 211.30, then sharp breakdown can be seen. Vedanta share price will see major support at 200.05 for the week.

On the positive side, immediate resistance will be seen at 230.50. Closing above 230.50, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 238.45 for the week.

Trading range for Vedanta share price for this week should be between 192.10 on down side and 249.70 on up side.

Vedanta Previous Week High: 227.2

Vedanta Previous Week Low: 208

Vedanta Previous Week Range: 19.2 Points

Vedanta share price support and resistance for the week (October 02, 2023 – October 06, 2023)

Level Type Value
Resistance 3 249.70
Resistance 2 238.45
Resistance 1 230.50
Support 1 211.30
Support 2 200.05
Support 3 192.10
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