VEDL

Technical Anlaysis

is trading within a broad consolidation range between approximately ₹420 and ₹490 for the past year, showing no clear directional trend. The stock attempted a breakout above ₹470 multiple times but failed to sustain, indicating strong supply at higher levels. Currently, it is hovering near ₹460.80, close to the upper resistance zone. A decisive breakout above ₹490 with strong volume would confirm a bullish continuation, while failure to do so could keep the stock range-bound. Until then, sideways movement with support around ₹420–₹430 and resistance near ₹480–₹490 is likely.