Free Point and Figure charts Vedanta Limited VEDL share NYSE Stock Exchange

Stock VEDL - Share Vedanta Limited trades in NYSE under Capital Goods Deals in Metal Fabrications

Daily Support: 15.78
Daily Resistance: 16.88
5 Day Moving Average is 16.53
20 Day Moving Average is 18.01

If a stock is trading above it's 5 day and 20 day moving averages, it's considered good for a trade! The support & resistance points are valid for intra day.

Also take a look at technical analysis reports for more details like moving averages, support and resistance.

Date	Change	Open	Close	High	Low	Volume
Mon 08 Nov 2021	-1.32%	17.01	16.50	17.25	16.15	13.57 times
Fri 05 Nov 2021	0.24%	16.54	16.72	16.84	16.37	3.36 times
Thu 04 Nov 2021	0.6%	16.52	16.68	16.69	16.38	3.16 times
Wed 03 Nov 2021	2.54%	16.17	16.58	16.60	16.15	2.17 times
Tue 02 Nov 2021	1.83%	16.10	16.17	16.25	15.99	2.04 times
Mon 01 Nov 2021	0.57%	15.79	15.88	16.01	15.71	1.59 times
Fri 29 Oct 2021	-1.37%	15.56	15.79	15.83	15.02	2.46 times
Thu 28 Oct 2021	-1.11%	15.75	16.01	16.07	15.75	3.47 times
Wed 27 Oct 2021	-5.93%	16.55	16.19	16.60	16.18	3.2 times
Tue 26 Oct 2021	0.58%	17.20	17.21	17.41	17.17	1.93 times

Point & Figure Charts for Vedanta Limited VEDL

Point and Figure charts are best suited to find trend and reversal points of a stock.

Point & Figure charts can be used by long term investors, or even by short term swing traders. All you have to do is switch the Point & Figure BOX setting and Point & Figure Reversal settings below for Vedanta Limited VEDL and you are good to go!

A swing trader can use 1% of the stocks current price as Point & Figure BOX, and the default 3 box as Reversal

A long term investor would be more comfortable with 2% to 5% Point and Figure BOX setting, and either 3 Box as Reversal, or 5 Box as Reversal

At MunafaSutra.com I use at least 250 data points to draw Point and Figure charts of Vedanta Limited VEDL stock.