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(VEDL) Vedanta complete technical analysis [charts+indicators] | Buy/Sell Vedanta | (VEDL) share price targets

Complete technical analysis of Vedanta (VEDL) by charts plus indicators, forecast predictions and share price targets for Vedanta (VEDL)

Vedanta trades in NSE in Iron & Steel sector.

Showing technical analysis as on 2024-04-16 View latest technical analysis

10 day averaged volume of Vedanta is 32150264

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	378.20	370.10	381.50	364.05	0.898 times
15 Mon Apr 2024	370.55	374.00	383.95	360.25	1.391 times
12 Fri Apr 2024	372.95	365.55	374.90	360.80	1.244 times
10 Wed Apr 2024	361.80	347.00	369.65	345.70	2.358 times
09 Tue Apr 2024	338.00	324.10	339.50	320.60	0.998 times
08 Mon Apr 2024	323.30	323.90	325.35	317.10	0.519 times
05 Fri Apr 2024	318.95	311.05	322.40	305.95	0.692 times
04 Thu Apr 2024	309.95	306.05	312.50	301.70	0.769 times
03 Wed Apr 2024	298.80	301.20	308.00	297.80	0.621 times
02 Tue Apr 2024	301.30	286.95	301.95	285.85	0.869 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 390.7, for a target of 343.6 or 304.4

Share price targets for Vedanta (VEDL)

Target Type	Value
Downside Target	233.55
Downside Target	249.50
Downside Target	260.70
Downside Target	273.35
Downside Target	285.85
Downside Target	289.25
Downside Target	317.10
Downside Target	322.40
Downside Target	360.25
Downside Target	374.90
Upside Target	383.95

Intraday share price targets for Vedanta (VEDL)

Target Type	Value
Downside Intraday Target	364.32
Downside Intraday Target	350.43
Upside Intraday Target	388.02
Upside Intraday Target	397.83
Downside Intraday Target	374.13

Weekly technical analysis of Vedanta (VEDL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	378.20	374.00	383.95	360.25	0.447 times
12 Fri Apr 2024	372.95	323.90	374.90	317.10	1.467 times
05 Fri Apr 2024	318.95	273.50	322.40	273.35	4.883 times
28 Thu Mar 2024	271.65	271.80	275.00	267.35	0.71 times
22 Fri Mar 2024	271.10	265.00	274.75	261.80	0.569 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Vedanta (VEDL)

Date	Monthly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	378.20	273.50	383.95	273.35	1.947 times
28 Thu Mar 2024	271.65	265.10	289.25	249.50	0.625 times
29 Thu Feb 2024	268.05	275.45	285.85	260.70	1.26 times
31 Wed Jan 2024	273.85	258.55	278.05	250.65	0.93 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Vedanta (VEDL)

Price action analysis of Vedanta ( (VEDL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Vedanta ( (VEDL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Vedanta ( (VEDL) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Vedanta stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Vedanta in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Vedanta Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Vedanta in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Vedanta is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 345.95 and Vedanta (VEDL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Vedanta (VEDL) stock. Volume based technical analysis of Vedanta (VEDL) stock is negative.

Vedanta Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.