VEDL.NS Stock Today: December 27 – 52-Week High, ₹600 Calls Heat Up
Vedanta share price stayed firm near record territory today, with NSE VEDL.NS testing the ₹600 mark as bullish traders bought ₹600 call options ahead of the December 30 expiry. The stock closed at ₹598.15 yesterday after a ₹587.2–₹599.8 range, with a 52-week high at ₹607.9. Momentum is supported by progress on the Vedanta demerger and a reiterated dividend focus from management. Elevated volatility is likely around ₹600 today as options activity and technicals align.
Price action and key levels
Vedanta share price hovered just below resistance, with yesterday’s close at ₹598.15, intraday high at ₹599.8, and a 52-week high at ₹607.9. The upper Bollinger Band near ₹608.45 sits above price and can cap intraday rallies. Average True Range is ₹13.4, pointing to wider swings. Volume of 1.57 crore shares topped the 1.15 crore average, reinforcing trend strength.
Momentum readings are strong: RSI 80.36, ADX 40.02, and MACD trending higher. Price trades well above the 50-DMA ₹521.26 and 200-DMA ₹461.27. Such momentum can run, but overbought signals raise pullback risk. Into expiry, options activity around ₹600 may either pin price near the strike or accelerate a breakout toward the 52-week high.
Options setup around ₹600
Traders added ₹600 strike calls aggressively into the weekly expiry, signaling expectations of a near-term breakout. A large open interest build near a round number can magnetize price and compress intraday ranges. If futures participants chase deltas higher, a quick move through ₹600 can trigger follow-on buying. Watch implied volatility, which can deflate after event risk.
A firm base above ₹600 can open a retest of ₹607.9–₹610, near the upper band at ₹608.45. Failure to hold ₹600 increases the odds of mean reversion toward ₹587.2, yesterday’s low. Deeper fade risks extend toward the Keltner middle band near ₹558.35. Manage risk tightly, as ATR of ₹13.4 implies fast two-way price action intraday.
Demerger and dividend narrative
The rally has fundamental backing from progress on the Vedanta demerger and management comments that reiterate focus on dividends. Recent reports highlight 52-week highs and supportive corporate updates, including leadership remarks on the breakup and payouts source. Such catalysts often strengthen confidence into expiries and result days.
TTM dividend is ₹23 per share, implying a 3.83% yield, while P/E stands at 19.7 and P/B at 5.85. Debt-to-equity is 2.57 and current ratio 0.73, so investors should weigh leverage against cash generation from zinc, aluminium, and oil and gas. The Vedanta dividend track record helps sentiment, but payout capacity ties to commodity cycles and refinancing conditions.
Valuation and risks to monitor
At the current Vedanta share price, the stock trades at a P/E of 19.7 and price-to-sales of 1.50. Returns have been strong: 1M 7.70%, 3M 20.75%, and 6M 27.32%. Earnings are scheduled around 29 January 2026. With momentum stretched, fresh entries may consider staged buying rather than chasing breakouts.
Key risks include commodity price swings, rupee moves, regulatory updates, and any slippage on the Vedanta demerger timeline. Options-driven whipsaws are likely near ₹600 given concentrated positioning. ATR at ₹13.4 suggests sharp intraday reversals. If risk builds, watch supports at ₹587.2 and deeper at the Keltner middle band near ₹558.35 for stability signals.
Final Thoughts
Bulls still have the edge as Vedanta share price presses the ₹600 zone into the December 30 expiry. A sustained move above ₹600 can invite a retest of ₹607.9–₹610, while a slip below ₹600 could drag price toward ₹587.2 and, if momentum fades, the ₹558–₹560 area. Traders should size positions for an ATR of about ₹13 and expect faster swings around the strike due to concentrated calls. For investors, the demerger path and the Vedanta dividend policy remain the bigger levers of value, alongside commodity trends. Track management updates, financing plans, and the next earnings window on 29 January 2026. We prefer staggered entries and disciplined stops over chasing gaps.
FAQs
The move reflects strong momentum into the weekly expiry, with heavy buying in ₹600 calls adding fuel. Fundamentals also help, including progress on the Vedanta demerger and management’s emphasis on dividends. Overbought technicals and high ATR suggest quick swings, so intraday levels can be tested repeatedly before direction settles.
Watch ₹600 as the pivot. A firm hold above it can open a retest of ₹607.9–₹610, near the upper Bollinger Band at ₹608.45. If price slips, immediate support is near ₹587.2. Deeper mean reversion may extend toward the Keltner middle band around ₹558.35, especially if momentum eases.
The Vedanta demerger can simplify the business and may help valuation discovery, which supports sentiment ahead of events. The Vedanta dividend track record and a TTM payout of ₹23 per share appeal to income-focused investors. Both drivers are sensitive to commodity cycles, leverage, and timelines, so monitoring updates is essential.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
