VEDL presents a compelling buy-side technical rationale consolidating above robust 20/50-DMA support (~₹718) with bullish moving average alignment confirming sustained uptrend resilience and higher lows formation signaling accumulation phase. RSI holding healthy at ~57 reflects renewed buying momentum without overbought conditions, complemented by MACD bullish convergence showing histogram expansion that validates upside conviction. Rising volume on pullbacks confirms institutional interest—attractive long entry targeting ₹750 resistance with protective stops below recent swing low (~₹706) for excellent risk-reward dynamics.
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