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MARKET OUTLOOKSTOCK OUTLOOKVEDL

Vedanta Outlook for the Week (January 01, 2024 – January 05, 2024)

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 4.60%.

Technically, Vedanta share price will see immediate support at 251.93 and immediate resistance would be seen at 264.03.

If Vedanta share price closes below immediate support of 251.93, then sharp breakdown can be seen. Vedanta share price will see major support at 245.32 for the week.

On the positive side, immediate resistance will be seen at 264.03. Closing above 264.03, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 269.52 for the week.

Trading range for Vedanta share price for this week should be between 239.83 on down side and 276.13 on up side.

Vedanta Previous Week High: 262.9

Vedanta Previous Week Low: 250.8

Vedanta Previous Week Range: 12.1 Points

Vedanta share price support and resistance for the week (January 01, 2024 – January 05, 2024)

Level Type Value
Resistance 3 276.13
Resistance 2 269.52
Resistance 1 264.03
Support 1 251.93
Support 2 245.32
Support 3 239.83
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