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MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (May 20, 2024 – May 24, 2024)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 11.34%.

Technically, Vedanta share price will see immediate support at 410.83 and immediate resistance would be seen at 461.73.

If Vedanta share price closes below immediate support of 410.83, then sharp breakdown can be seen. Vedanta share price will see major support at 379.02 for the week.

On the positive side, immediate resistance will be seen at 461.73. Closing above 461.73, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 480.82 for the week.

Trading range for Vedanta share price for this week should be between 359.93 on down side and 512.63 on up side.

Vedanta Previous Week High: 449

Vedanta Previous Week Low: 398.1

Vedanta Previous Week Range: 50.9 Points

Vedanta share price support and resistance for the week (May 20, 2024 – May 24, 2024)

Level Type Value
Resistance 3 512.63
Resistance 2 480.82
Resistance 1 461.73
Support 1 410.83
Support 2 379.02
Support 3 359.93
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