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By EquityPandit

MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (April 15, 2024 – April 19, 2024)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 15.42%.

Technically, Vedanta share price will see immediate support at 335.07 and immediate resistance would be seen at 392.87.

If Vedanta share price closes below immediate support of 335.07, then sharp breakdown can be seen. Vedanta share price will see major support at 297.18 for the week.

380.00380.00360.00360.00340.00340.00320.00320.00300.00300.00280.00280.00260.00260.00240.00240.00Feb 28Feb 28Mar 2Mar 2Mar 6Mar 6Mar 12Mar 12Mar 15Mar 15Mar 20Mar 20Mar 26Mar 26Apr 1Apr 1Apr 4Apr 4Apr 9Apr 9Reversal Level 354.07BuyBuySellSell

On the positive side, immediate resistance will be seen at 392.87. Closing above 392.87, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 412.78 for the week.

Trading range for Vedanta share price for this week should be between 277.27 on down side and 450.67 on up side.

Vedanta Previous Week High: 374.9

Vedanta Previous Week Low: 317.1

Vedanta Previous Week Range: 57.8 Points

Vedanta share price support and resistance for the week (April 15, 2024 – April 19, 2024)

Level Type Value
Resistance 3 450.67
Resistance 2 412.78
Resistance 1 392.87
Support 1 335.07
Support 2 297.18
Support 3 277.27
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