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MARKET OUTLOOKSTOCK OUTLOOKVEDL

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

Vedanta
Vedanta
Vedanta closed the previous week on a negative note losing 8.71%.

Technically, Vedanta share price will see immediate support at 257.67 and immediate resistance would be seen at 281.72.

If Vedanta share price closes below immediate support of 257.67, then sharp breakdown can be seen. Vedanta share price will see major support at 242.78 for the week.

On the positive side, immediate resistance will be seen at 281.72. Closing above 281.72, Vedanta share price will see a sharp breakout. Major resistance for Vedanta share price will be seen at 290.88 for the week.

Trading range for Vedanta share price for this week should be between 233.62 on down side and 305.77 on up side.

Vedanta Previous Week High: 276

Vedanta Previous Week Low: 251.95

Vedanta Previous Week Range: 24.05 Points

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

Level Type Value
Resistance 3 305.77
Resistance 2 290.88
Resistance 1 281.72
Support 1 257.67
Support 2 242.78
Support 3 233.62
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