VEDL 1 Month View

📐 Key levels to watch (1-month horizon)
Support zones

Strong near-term support: ~ ₹ 503.

Next support layer: ~ ₹ 490-483 zone.

If broader breakdown: ~ ₹ 451-466 area (per monthly Fibonacci/Support).

Resistance zones

Immediate resistance: ~ ₹ 522-525.

🎯 My estimated “target & risk” for next month

Base-case (if support holds + momentum carries): Upside target ~ ₹ 530-540

Upside stretch (if breakout): ~ ₹ 550 or slightly above (but this requires strong follow-through)

Downside risk (if support breaks): Drop toward ~ ₹ 451-466 zone