VEDL Stock Retraces to Rejection Area After Breaking Support

Vedanta Limited (VEDL) stock has broken below its support level and has since retraced back up to a key rejection area. This rejection area may indicate that the price is being rejected at this level, suggesting that it may continue to move downwards in the near term. Traders and investors should closely monitor the price action around this area for potential trading opportunities. Factors such as news events and market conditions may also impact the price of VEDL stock, and should be taken into consideration when making trading decisions.