Date: 25 Sept’24
Stock: Vedanta
Timeframe: Daily chart
In my earlier analysis of Vedanta in May this year, I had mentioned the stock is heading to over 800+. I have now reviewed my analysis for a target of around 580 (20% from its current price).
Vedanta seems to be in Wave V of 5 and could attain a target of about 585 as seen in the chart.
This is not a trade recommendation. Please do your own analysis.