Daily Analysis on

VEDL

Price Action

Stock slipped sharply to 428 after failing to hold above 445–450 resistance zone. A Lower High – Lower Low formation is visible, showing continuous weakness. Today’s strong red candle signals renewed selling pressure. Indicators Moving Averages: Price is below short-term & medium-term averages → bearish bias. Parabolic SAR: Dots above price → confirming downtrend. MACD: In negative zone, showing continued bearish momentum. RSI (14): Around 42, weak but not oversold. Short-Term Outlook Support: 425–420. A break below may drag it towards 410. Resistance: 445–450. Only a breakout above 450 can change the trend. Long-Term Outlook Stock remains under pressure due to metal price volatility & debt concerns. Sustained trade below 420 could open downside till 400 levels. Long-term investors should wait for stability above 460 for fresh accumulation. Upcoming Events & Impact Commodity Price Movement (Zinc, Aluminium, Oil): Directly impacts earnings. Debt Restructuring / Fund Raising Plans: Positive outcome may improve outlook. Q2 FY26 Results (Oct–Nov 2025): Key trigger for recovery or further weakness.