VEDL - Technical Analysis

Last Updated Time : 02 Aug 25, 12:58 am

Technical Rating: 3.6

Here’s a detailed technical analysis of VEDL (Vedanta Ltd)

📉 Trend Overview

Current Price (₹440) is below the 50 DMA (₹447) but above the 200 DMA (₹437) — indicating short-term weakness but medium-term support.

RSI (43.1): Neutral zone, leaning toward oversold, suggesting limited downside.

MACD (-1.79): Bearish crossover, confirming short-term negative momentum.

Volume: Slightly below 1-week average, indicating reduced participation.

🔎 Conclusion: The stock is consolidating with a mild downward bias.

📊 Momentum Indicators

Indicator Value Signal

RSI 43.1 Neutral to weak

MACD -1.79 Bearish crossover

Bollinger Bands N/A Likely near mid-band

Volume Trend ↓ Weak momentum

📈 Support & Resistance Zones

Type Price (₹) Strength

Support 430–435 Strong

Support 410 Historical

Resistance 447–455 Moderate

Resistance 470–480 Strong

📐 Trendlines suggest a sideways channel. A breakout above ₹455 could trigger a move toward ₹480.

🎯 Entry & Exit Strategy

Entry Zone: ₹430–440 (near support and 200 DMA)

Exit Zone: ₹455–470 (approaching resistance and 50 DMA)

🧭 Overall Outlook

Short-Term: Consolidation with weak momentum; watch for MACD reversal.

Medium-Term: Holding above 200 DMA is a positive sign.

Long-Term: Strong fundamentals (ROE 38.5%, ROCE 25.3%) and high dividend yield (9.9%) support value, but technicals need confirmation.

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