Vedanta Limited (VEDL) is currently trading in a consolidation zone, showing signs of technical weakness. Most major moving averages (including 20, 50, 100, and 200-day MA) are signaling a “sell,” and the RSI is near 30, indicating the stock is approaching oversold conditions. Key support is seen at ₹440–₹450, while immediate resistance lies around ₹480–₹500. If the price sustains above ₹480 with volume, a short-term bounce is possible; otherwise, the bearish momentum may continue, especially on a breakdown below the ₹440 zone.
BUY : VEDL-EQ( VEDL ) [3063]
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