Get started
Vedanta LimitedVedanta LimitedVedanta Limited

Vedanta Limited

No trades
See on Supercharts
OverviewFinancialsNewsIdeasDiscussionsTechnicalsForecastSeasonalsOptionsBondsETFs

VEDL trade ideas

VEDL Multiyear Breakout VEDL is currently trading at ₹520, slightly above its multi-year breakout level of ₹495. This presents a strong investment opportunity with the potential to deliver a remarkable return on investment (ROI) of up to 5X from the current price. Investors may consider accumulating the stock with a long-term target range of ₹2,000 to ₹2,500, reflecting substantial growth potential. This breakout signifies a robust technical structure, indicating a strong upward trajectory for the stock, supported by favorable market dynamics and potential future catalysts.
NSE:VEDLLong
by CREDOINDIA
Vedanta: Rangebound No More? Positive News & RSI Support Upside"Vedanta Limited: Rangebound No More? Positive News & RSI Support for Upside" Stock: Vedanta Limited Analysis: Vedanta Limited has been consolidating within a range for the past few months, despite showcasing excellent financials. Today’s news about the release of encumbrances could act as a catalyst for a price breakout. Key Highlights: Positive Rating Update: Long-term credit rating upgraded to AA by CRISIL, boosting investor confidence. RSI in Strong Zone: Indicates momentum is building, with fresh demand likely near the CMP. Support & Resistance Levels: Support Zone: ₹448–₹436. Immediate Resistance: ₹470–₹477. A close above ₹477 could trigger a move toward ₹505–₹522. Technical Setup: Consolidation Phase: The stock is poised to break out of its range with the support of favorable news and improving sentiment. Volume Watch: Monitor for a volume uptick to confirm the breakout. Trade Plan: Entry: Near current levels or above ₹477 for confirmation. Targets: ₹505 (short-term), ₹522 (mid-term). Stop Loss: Below ₹436 to manage risks. Disclaimer: This analysis is for educational and informational purposes only and should not be considered as financial advice. Please conduct your own research or consult a financial advisor before making any investment decisions.
NSE:VEDLLong
by ImranulHaqueNoor
VEDL - Will the breakout sustain this time?On Weekly, script has successfully closed above the ATH zone 495 (2010) Price tried to break this zone twice in the recent months, but didn't sustain.. Usually that is the case with ATH breakouts or any breakout for that matter. It is not the first breakout that matters.. Most of than not, the second/third attempts are stronger. If we manage to close above 500 next week as well, we can target 600 and 650 in the coming weeks (ideally it should come quick) Looking at the daily chart, it appears that the script wants to do 520-550 in a hurry.. Let's track next week.. On Daily Chart - Pattern breakout target is 650 I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
NSE:VEDL
by Murthy_Santhosh
VEDANTA : Swing Trade#VEDL #Swingtrade #trendingsetup #volumedry VEDL : Risk Reward - 1:2 >> Trending setup >> Volume Dried up >> Momentum pick >> Low Risk High Reward Trade Swing Traders can lock 10% profit & keep trailing Please give a Boost or comment if u r Liking the analysis & Learning from it. Keep showing ur Love by following Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
NSE:VEDLLong
by moneyfesttrading
7
Vedl- Bullish from short term to very long termVedanta- First sign of bullishness shown after two months of fall. Always the lower timeframes indicates the change in trend. So lets start from the smaller timeframes. 1. 15 mins- Low to high and higher low is the first indicator of the bullish trend which can be seen now. Higher high and higher low is not formed clearly still as they are almost at the same level to their previous highs and lows. 1 hour- Formed double bottom because of the same levels of previous highs and lows in the 15 min timeframe. Breaking the resistance of 472 will take it to the target of 490 which again unleashes the Rounding bottom pattern. Daily- After breaking the Rounding bottom pattern, the target of 533 will be achieved with the intermittent targets of 500 and 520. Weekly- Reaching each and every resistance will unleash the bigger and bigger rounding bottoms with the higher targets until 600 and 670 intially.
NSE:VEDLLong
by Flash_J
Is VEDL Ready to Soar? Elliott Wave Analysis Suggests YesTechnical Analysis of VEDANTA LTD. (VEDL) Based on Elliott Waves This analysis is based on Elliott Wave theory and is for educational purposes only. It does not constitute financial advice. Elliott Wave Analysis: The provided chart of VEDANTA LTD. (VEDL) suggests a bullish trend based on Elliott Wave principles. The analysis identifies a potential impulse wave structure, which typically consists of five waves. Elliott Wave Analysis Update We're currently within Wave (3) in blue intermediate degree, with subdivisions marked as Red 1 to 5 Minor degree, Having completed Red 1 to 3, we're nearing the end of Red 4. Key Takeaways: 1. Post-Red 4 completion, we expect an upward move to complete Red 5, targeting 1.618 Fibonacci extension (measured from Blue Wave (1). 2. Wave 5 (Red) is the final leg of Wave (3) in Blue which is of intermediate degree. 3. Overall, the outlook remains bullish. Important Principle: As per Elliott Wave Theory, Wave 4 cannot overlap Wave 1. This means Red 4 cannot enter the territory of Red Wave 1. Nearest or current Invalidation Level: If the price enters 471 (Wave 1 high), our labelled view will be negated, and we'll need to reassess the chart. Expected Outcome: If the invalidation level holds, our view remains intact, targeting 537 or nearby. Actionable Insights: - Monitor Red 4 completion - Watch for Wave 5 unfolding - Keep 471 as the critical invalidation level Right Direction: The annotation "Right Direction ↑" suggests that the overall trend is expected to be upward. Invalidation Level: The level of 424 is identified as an invalidation level. A break below this level would negate the bullish outlook and suggest a potential reversal. Target: While a specific target is not provided in the chart, a potential target for wave 3 could be around the 1.618 extension level (537.55) based on the length of wave 1. However, this is a rough estimate and subject to change based on market conditions. Overall Outlook: Based on the Elliott Wave analysis, VEDANTA LTD. (VEDL) appears to be in a bullish uptrend. The market is expected to continue rising, with a potential target around the 537.55 level. However, it's crucial to monitor the price action closely and be prepared to adjust the analysis if the market's behavior deviates from the expected pattern. Remember: Elliott Wave analysis is a complex tool that requires practice and experience. It's essential to approach it with caution and always consider the potential risks involved in trading. I am not Sebi registered analyst. My studies are for educational purpose only. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses. Most investors treat trading as a hobby because they have a full-time job doing something else. However, If you treat trading like a business, it will pay you like a business. If you treat like a hobby, hobbies don't pay, they cost you...! Hope this post is helpful to community Thanks RK Disclaimer and Risk Warning. The analysis and discussion provided on in.tradingview.com/u/RK_Charts/ is intended for educational purposes only and should not be relied upon for trading decisions. RK_Charts is not an investment adviser and the information provided here should not be taken as professional investment advice. Before buying or selling any investments, securities, or precious metals, it is recommended that you conduct your own due diligence. RK_Charts does not share in your profits and will not take responsibility for any losses you may incur. So Please Consult your financial advisor before trading or investing.
NSE:VEDLLong
by RK_Chaarts
7
Breakout On Monthly TimeframeTechnical Analysis of Vedanta Ltd (1M): Price Levels: The stock is currently trading at around ₹487, after peaking around ₹528 recently. This suggests that the price hit a strong resistance level around ₹520-530, which is a significant historical resistance zone, as indicated by the purple box. Long-Term Trend: Resistance Zone: The ₹520-530 area has been a critical resistance point multiple times in the past, dating back to 2007-2008 and 2010-2011. Each time the price has reached this zone, it has struggled to break through, leading to strong corrections. Support Levels: In case of a pullback, the first major support zone is likely around ₹400, followed by ₹350. These levels have acted as support in prior downtrends. Price Action: The chart shows a long-term pattern where the stock makes strong rallies but struggles to maintain above the ₹500 level, often leading to sharp sell-offs. This current rally faces the same risk unless there is a decisive breakout above ₹530. If the stock can break above this resistance and hold, there could be significant upside potential. However, if it fails to break out, the stock might again see a correction towards the ₹400-420 zone. Outlook: The key for Vedanta's future price movement will be its ability to break the ₹520-530 resistance zone. If the breakout fails, the stock is likely to retest lower support levels. A successful breakout could indicate the start of a longer-term uptrend.
NSE:VEDLLong
by Rana_Ashutosh_Pratap_Singh
VEDANTA: Multi-Year Breakout: Monthly Timeframe: Oct'24VEDANTA: Multi-Year Breakout: Monthly Timeframe: Oct'24 Stock broke the high it made in Mar'10 & Apr'10 (495) in Sep'24. A multi-year breakout on a monthly time frame RSI (77.43) is above 60. Breakout in Sep happened with above average trade volume (9 SMA) Drawdown = 437/- Target = Breakout level + Drawdown during consolidation phase = 495 + 437 ~ 930 ATR = 60.23 SuperTrend = 288.99 Stop Loss = 1 ATR below previous month's low = 424.55 - 60.23 ~ 365 Entry on 03-Oct
NSE:VEDLLong
by ramanarvind