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MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (December 11, 2023 – December 15, 2023)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 5.91%.

Technically, Vedanta share price will see immediate support at 237.87 and immediate resistance would be seen at 252.87.

If Vedanta share price closes below immediate support of 237.87, then sharp breakdown can be seen. Vedanta share price will see major support at 230.93 for the week.

On the positive side, immediate resistance will be seen at 252.87. Closing above 252.87, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 260.93 for the week.

Trading range for Vedanta share price for this week should be between 222.87 on down side and 267.87 on up side.

Vedanta Previous Week High: 254

Vedanta Previous Week Low: 239

Vedanta Previous Week Range: 15 Points

Vedanta share price support and resistance for the week (December 11, 2023 – December 15, 2023)

Level Type Value
Resistance 3 267.87
Resistance 2 260.93
Resistance 1 252.87
Support 1 237.87
Support 2 230.93
Support 3 222.87
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{"buy_point":[{"en_ltd":"2023-12-01","en_sup_p_91":"237.81","en_sup_t_91":"232.38","prev_close":"233.35","en_close":"239.40","new_date":"Dec 1","prev_close_no":233},{"en_ltd":"2023-11-01","en_sup_p_91":"219.71","en_sup_t_91":"215.54","prev_close":"216.60","en_close":"223.75","new_date":"Nov 1","prev_close_no":216}],"sell_point":[{"en_ltd":"2023-11-16","en_sup_p_91":"239.55","en_sup_t_91":"244.24","prev_close":"240.10","en_close":"238.80","new_date":"Nov 16","prev_close_no":240}]}

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