2026-08-06 11:12:08 am | Source: Religare Broking Ltd
Stock of the day - Vedanta Ltd Target Rs. 296 - Religare Broking Ltd
Vedanta Ltd
BUY CMP (Rs) 277 Range* 276-278 SL Target 267 296
* VEDL is displaying constructive bullish momentum following a prolonged corrective phase, with price establishing a sequence of higher highs and higher lows.
* The stock has reclaimed its short-term moving average and is sustaining above the medium-term average, signalling improving trend strength.
* Momentum indicators are turning supportive, while rising participation during recent advances reinforces accumulation.
* Investors may consider accumulating the stock within the recommended buying range.
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