VEDL - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 19 Sept 25, 2:16 pm

Technical Rating: 4.1

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

📊 Trend Overview

Current Trend: VEDL is in a short-term uptrend, recovering from its recent lows and trading above key moving averages.

Price Action: At ₹456, the stock is above both the 50-DMA (₹442) and 200-DMA (₹438), indicating bullish momentum and trend continuation.

📈 Momentum Indicators

RSI (58.7): Bullish-neutral zone. Indicates healthy momentum with room to rise before overbought levels.

MACD (4.18): Positive crossover, confirming bullish sentiment and potential for further upside.

Volume: Current volume (84.9 lakh) is below the 1-week average (161.9 lakh), suggesting momentum is building but not yet backed by strong participation.

📉 Moving Averages

Indicator Value (₹) Signal

50-DMA 442 Support

200-DMA 438 Strong Support

Current Price 456 Above both DMAs

📌 Bollinger Bands

Price is approaching the upper band, suggesting strong momentum but potential short-term resistance.

A breakout above ₹460–₹465 could trigger a rally toward ₹480+.

🧭 Support & Resistance Zones

Immediate Support: ₹440–₹445 zone

Major Support: ₹420–₹430 zone

Immediate Resistance: ₹465–₹470 zone

Major Resistance: ₹500–₹527 (52-week high)

🎯 Entry & Exit Zones

Optimal Entry: ₹440–₹445 (on pullback with MACD support)

Exit Zone: ₹470–₹500 (first resistance), ₹525+ if momentum sustains

🔍 Conclusion

VEDL is trending upward with solid MACD and RSI signals. Price action above key moving averages confirms bullish sentiment. A breakout above ₹465 with volume could signal further upside, while a pullback to ₹440–₹445 offers a favorable entry. The stock remains in a bullish trend with mild consolidation near resistance.

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