The outlook for Vedanta (₹495.60) turned optimistic after the current rally. Speedy resistance is at ₹508 and a conclusive shut above it will set off a contemporary rally.
Nearest assist ranges are ₹479 and ₹455. Solely a detailed under the latter will alter the short-term optimistic view.
F&O pointers: Vedanta Oct futures and Nov futures closed at ₹496.60 and ₹499.95 respectively in opposition to the spot value of ₹495.60. Futures witnessed a wholesome rollover of about 70 per cent.
Choice positioning (November) signifies optimistic bias as places witnessed robust addition of open pursuits. Calls point out that ₹520 is a possible resistance whereas places sign ₹470 is a assist.
Technique: Purchase Vedanta 505-November name (₹16.10). Because the market lot is 1,150 shares, this technique would price ₹18,515. This is able to be the utmost loss and that can occur if the inventory fails to cross ₹505. Maintain the place for a minimum of two weeks.
Place preliminary stop-loss at ₹13. Shift this to ₹16 if Vedanta opens on a optimistic notice. Merchants can intention for a goal of ₹19-20. If the inventory opens sharply increased on Monday, merchants can ignore this technique.
Observe up: Opposite to our expectations, the inventory of Auro Pharma slipped and would have triggered the stop-loss. Those that are nonetheless holding can exit.
Word: The suggestions are based mostly on technical evaluation and F&O positions. There’s a danger of loss in buying and selling.
Printed on October 25, 2025
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