2026-04-06 11:58:11 am | Source: Religare Broking Ltd
Stock of the day : Vedanta Ltd by Target Rs. 730- Religare Broking Ltd
Vedanta Ltd
* VEDL exhibits a well-defined uptrend, with price action consistently holding above key moving averages, reinforcing a sustained bullish structure.
* The recent recovery indicates a double bottom formation accompanied by increasing volumes, suggesting a potential continuation of upward momentum in the near term.
* The post-consolidation breakout appears constructive, supported by favorable momentum indicators.
* Investors may consider initiating long positions within the defined accumulation zone.
Buy Vedanta Ltd CMP 687.65 Range 685-688 SL 665Target 730
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