VEDANTA LTD
Long

VEDL in consolidation stage

197
VEDL has crucial support in 435 and resistance at 476 level and it is consolidating in the range for past 6 weeks inspite of market fall the stock is able to hold the price.A yearly break out happens above Rs 496 (2010 level multiyear break out)
If the price is sustained and breaks the point we can expect a Target of Rs 580/630/760

Can the demerger be a trigger for this???If yes we can see the target being acheived by March 2025.

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