Vedanta Ltd (Daily)

Technical Analysis Trend: Strong uptrend after breakout. Structure: Fresh breakout above ₹535–540 with strong follow-through. Support: ₹535 → ₹523 → ₹493. Resistance: ₹630 (recent high zone). Momentum: Strong bullish candles, higher highs & higher lows intact. Fundamental Analysis Diversified metals & mining (Aluminium, Zinc, Oil & Gas, Power). Highly sensitive to global commodity cycles. High cash generation but high debt at holding level. Attractive dividend yield, but structurally leveraged. Summary: Strong momentum stock; cyclical, high-risk-high-reward.