BUY : VEDL-EQ( VEDL ) [3063]

RA Name: Manjushri Sharma

Technical Analysis:

📈 SWING TRADE ALERT – BUY
🔍 Stock: Vedanta Ltd (VEDL-EQ) [3063]
📅 Date: 24th October 2025
🧠 By: Manjushri Sharma | Equity Guru MS
📜 SEBI Reg. No.: INH000019497

💡 Trade Setup

🔍 Technical Insight

• Price Action: Strong recovery from intraday support near ₹492, forming a bullish reversal candle on hourly chart.

• VWAP & EMA: Price sustaining above VWAP and 20 EMA — short-term trend turning positive.

• Volume Analysis: Noticeable rise in delivery volumes with buying seen from institutions near ₹498–₹500.

• Chart Structure: Breakout visible from a mini-consolidation pattern, signaling potential follow-through up to ₹514.

📘 Trading Strategy

✅ Buy Zone: ₹498–₹501 range
🚫 Stop Loss: ₹492 (Strict)
🎯 Target 1: ₹506 → Book partial profits
🎯 Target 2: ₹514 → Trail SL to ₹499 after T1
🕒 Holding Period: BTST/STBT (1–2 trading sessions)

⚠️ Important Notes

❗ Trade valid only if price sustains above ₹498.
🔄 Avoid entry if price slips below VWAP or shows reversal below ₹495.
🚫 Always follow strict risk management; avoid overnight holding if global cues turn negative.

🔐 Issued by:
Manjushri Sharma
📈 SEBI Registered Research Analyst
📞 6269562635 | 📧 sharma.manjushri@gmail.com

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