Stock analysis Vedanta Limited VEDL
More indepth analysis on MunafaSutra.com
Recent prices of VEDL Vedanta Limited are as follows: Daily volume is divided by 10 day averaged volume
Date | Close | Range | Change % | Volume |
02 Thu May 2024 | 410.80 | 397.30 to 413.90 | 3.25% | 0.64 times |
30 Tue Apr 2024 | 397.85 | 396.00 to 409.95 | -2.08% | 0.59 times |
29 Mon Apr 2024 | 406.30 | 397.10 to 408.20 | 2.46% | 0.56 times |
26 Fri Apr 2024 | 396.55 | 386.00 to 402.95 | 4.07% | 1.22 times |
25 Thu Apr 2024 | 381.05 | 377.10 to 387.70 | -0.63% | 0.5 times |
24 Wed Apr 2024 | 383.45 | 376.00 to 386.60 | 1.7% | 0.55 times |
23 Tue Apr 2024 | 377.05 | 371.10 to 383.20 | -1.04% | 0.72 times |
22 Mon Apr 2024 | 381.00 | 373.40 to 393.15 | -1.28% | 0.98 times |
19 Fri Apr 2024 | 385.95 | 382.20 to 396.75 | -0.66% | 1.66 times |
18 Thu Apr 2024 | 388.50 | 383.05 to 394.75 | 2.72% | 1.79 times |
16 Tue Apr 2024 | 378.20 | 364.05 to 381.50 | 2.06% | 1.44 times |
15 Mon Apr 2024 | 370.55 | 360.25 to 383.95 | -0.64% | 2.22 times |
Technical analysis forecast of Vedanta Limited Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Vedanta Limited VEDL at this time. Stock is rising and might rise more.
It appears as if Vedanta Limited VEDL gave a large move recently.
Stock of Vedanta Limited (VEDL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Vedanta Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Vedanta Limited stays above 400.6, but if it comes below 400.6, then a intra day sell could be more profitable.
If you take a sell trade below 400.6, then use 400.6 as stoploss and 365.79 as target. However if you take a buy trade in Vedanta Limited, then use 400.6 as stoploss and 442.3 as target.