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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)

10 day averaged volume of Vedanta is 19351620

Date Daily Closing Price Open High Low Volume
23 Thu May 2024 472.70 480.00 480.10 461.80 1.336 times
22 Wed May 2024 487.00 498.00 506.75 476.80 1.753 times
21 Tue May 2024 491.70 471.00 493.90 463.00 1.788 times
20 Mon May 2024 458.60 446.00 461.45 445.20 0.276 times
17 Fri May 2024 442.65 436.00 445.00 432.60 0.691 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 455.6, but if it comes below 455.6, then a intra day sell could be more profitable.
If you take a sell trade below 455.6, then use 455.6 as stoploss and 424.73 as target. However if you take a buy trade in stock , then use 455.6 as stoploss and 492.7 as target.

Share price targets for Vedanta (VEDL)

Target Type Value
Downside Target 249.50
Downside Target 260.70
Downside Target 273.35
Downside Target 285.85
Downside Target 371.10
Downside Target 392.00
Downside Target 409.95
Downside Target 418.70
Downside Target 420.00
Downside Target 445.20
Downside Target 449.00
Upside Target 506.75

Intraday share price targets for Vedanta (VEDL)

Target Type Value
Downside Intraday Target 443.02
Downside Intraday Target 413.33
Upside Intraday Target 504.57
Upside Intraday Target 536.43
Upside Intraday Target 474.88

Weekly technical analysis of Vedanta (VEDL)

Date Weekly Closing Price Open High Low Volume
23 Thu May 2024 472.70 446.00 506.75 445.20 1.206 times
17 Fri May 2024 442.65 412.55 449.00 398.10 1.926 times
10 Fri May 2024 410.70 418.00 418.70 392.00 0.855 times
03 Fri May 2024 415.65 401.15 420.00 396.00 0.628 times
26 Fri Apr 2024 396.55 392.15 402.95 371.10 0.559 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
23 Thu May 2024 472.70 400.00 506.75 392.00 0.483 times
30 Tue Apr 2024 397.85 273.50 409.95 273.35 2.904 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

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

Indicators analysis of Vedanta (VEDL)

Indicator Name Indicator Value Indicator Signal
ADX 40, 12, 54 Buy
MACD 63, 57Buy
Stochastics 83Buy
CCI 74Sell
RSI 66Buy
OBV 79434968Sell
VWAP 458Buy
ADL 0Sell
ROC 20Buy
Force Index 0Sell

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 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 losing 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Vedanta in short term but SELL signal is weak.

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

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 457.71 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.

Click here for Vedanta charts

Click here for further forecast and predictions for tomorrow

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