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Mining thru the Miner Stock - Vedanta

Multi-Timeframe Analysis of Vedanta:

Decoding the Dividend Yield

Vedanta Ltd has been a Cash Cow atleast for past 2-3 years from a Dividend Perspective. More than the Stock price gain - It has provided Dividend Yield of more than 40% since 2022. A large portion of Dividend yields was being utilized to settle the Parent Company's Debt in UK. It was like a Collateral "Gains" for us - the retail investors - who also got big chunk of Dividends. I used to say in a funny way "As long as Vedanta is in Debt - I will enjoy Hefty Dividends" :) This is real and realized profits unlike the stock prices which goes up and down

Flag Pole Break Out on Monthly Chart

As you can see, VEDL has completed a Flag Pattern BO on Monthly level with huge target of 488

Multi-Bullish Patterns on Daily Chart

On the Daily - there are multiple bullish Patterns
1. Cup and Handle - BO started today
2. Inv Head & Shoulder embedded inside the Cup - Target Reached
3. While forming the Handle portion - it also completed the BO - Retest of Flag Pattern which is a Very Healthy sign

Vedanta is all set to Shine Bright & Hot in the upcoming days - especially when the Metal Index is also on BO - there is no stopping for this beauty now :) :) :)