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The price action on the daily chart of Vedanta in the last few days has led to the formation of a ‘Head and Shoulders’ pattern. This pattern, which is formed after a significant uptrend indicates a change in short term trend and hence we expect some price correction in the stock in near term..

Hot Stocks | Decent returns in Vedanta, Cholamandalam Investment possible in near term, here's why



Name Price Change % Chg
Ntpc 158.65 1.15 0.73
Sbi 479.65 -11.35 -2.31
Indiabulls Hsg 146.65 -4.65 -3.07
Nhpc 32.45 -1.00 -2.99

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