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Vedanta Aluminium Metal Limited (VAML) — Technical Setup
₹416.50 +3.02% Weak Downtrend Volatility Expansion Strong bearish
Summary
Vedanta Aluminium Metal Limited is in a weak downtrend on the daily chart. RSI(14) is 39.3, MACD is below its signal line, ADX reads 21. Volume in the latest session was 1.4× its 20-day average. Over three months it has underperformed the Nifty 50 by 6.8 percentage points. Nearest resistance is ₹425.00. Its technical score is 10/100 (strong bearish).
🧮 How the 10/100 is built
Five components, 20 points each. Every rule is shown with the points it earned — the score describes the chart as it stands today; it is not a prediction.
- Close above 20-day EMA (-3.06)0/3
- 20-day EMA above 50-day EMA0/3
- 50-day EMA above 200-day EMA0/3
- Close above 200-day SMA0/3
- SuperTrend (10,3) pointing up0/3
- ADX ≥ 20 with +DI above −DI (trend has strength) (20.99)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (39.34)0/6
- MACD line above its signal line0/4
- MACD line above zero (-10.15)0/3
- 12-day rate of change positive (-4.71)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (-6.78)0/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.15)0/5
- More volume on up days than down days (20 sessions) (0.72)0/5
- Close above 20-day VWAP (-4.36)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (3.10)4/6
- Price in the upper half of its Bollinger Bands (0.22)2/5
- Shallow drawdown from the 52-week high (-22.44)1/5
- Volatility contracting (20-day volatility below its 6-month median) (87.80)0/4
- Room to the next resistance (≥8% scores full) (2.04)1/5
- Support close below (a tight, definable stop)0/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-22.44)0/5
🧭 Regime: Weak Downtrend
Volatility Expansion — Bollinger width is in the 100th percentile of the last six months.
Suits: Defensive. Price is below its averages. Oversold bounces happen, but the path of least resistance is lower — wait for a base.
Classified from ADX, the 20/50-day EMA stack and price's distance from the 50-day average; volatility from band-width and ATR expansion.
Opens the AI Backtester with the SuperTrend (10,3) rules for VAML — supertrend (10,3) flips to an uptrend.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ▼ Bearish | 39.34 | -2.74 |
Weekly: close vs a rising 30-week average (Weinstein). Monthly: close vs the 10-month average. Weekly SuperTrend: —, weekly ADX —.
📶 Volume & VWAP
VWAPs are computed from daily bars (typical price × volume), not intraday ticks.
💪 Relative strength
VAML ÷ Nifty 50, rebased to 100 a year ago. Rising = outperforming.
🧱 Support & resistance
Clustered swing highs and lows from the last year; “touches” is how many swings formed the level.
| Level | Price | Distance | Touches |
|---|---|---|---|
| Resistance | ₹485.85 | +16.6% | 2 |
| Resistance | ₹464.70 | +11.6% | 2 |
| Resistance | ₹449.70 | +8.0% | 1 |
| Resistance | ₹425.00 | +2.0% | 3 |
| Close | ₹416.50 | — |
52-week range: ₹401.15 – ₹537.00 (-22.44% from the high).
🌀 Fibonacci
Measuring the down-swing from ₹537.00 (2026-06-15) to ₹401.15 (2026-09-16). Price has retraced 11.3% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹433.21 | +4.0% | nearest |
| 38.2% retracement | ₹453.04 | +8.8% | S/R confluence |
| 50.0% retracement | ₹469.07 | +12.6% | S/R confluence |
| 61.8% retracement | ₹485.11 | +16.5% | S/R confluence |
| 78.6% retracement | ₹507.93 | +21.9% | |
| 127.2% extension | ₹364.20 | -12.6% | |
| 161.8% extension | ₹317.19 | -23.8% | |
| 200.0% extension | ₹265.30 | -36.3% |
Next Fibonacci time zone: 89 sessions from the swing start ≈ 2026-10-16 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Doji 2026-09-17 neutral Weak · 20
- Bullish Harami 2026-09-16 bullish Moderate · 50
Quality combines the pattern's reliability with its context: prior trend, volume, a support/resistance level and RSI.
↗️ Divergences
No regular divergence on RSI, MACD, OBV, MFI or Stochastic at the latest swings.
✅ Screens VAML passes today
| Stock | Close | Chg | Score | Trend regime | RS rating (1-99) |
|---|---|---|---|---|---|
| KAMDHENUKamdhenu Limited | ₹41.05 | +3.92% | 94 | Uptrend | 93.00 |
| IMPEXFERROImpex Ferro Tech Limited | ₹5.58 | +1.82% | 91 | Strong Uptrend | 98.00 |
| SUPREMEENGSupreme Engineering Limited | ₹3.58 | +1.99% | 91 | Strong Uptrend | 99.00 |
| GRAPHITEGraphite India Limited | ₹830.85 | +2.06% | 85 | Strong Uptrend | 88.00 |
| MAHSEAMLESMaharashtra Seamless Limited | ₹717.55 | -0.37% | 84 | Strong Uptrend | 74.00 |
| SAMBHVSambhv Steel Tubes Limited | ₹147.57 | +14.32% | 83 | Strong Uptrend | 87.00 |
| WENDTWendt (India) Limited | ₹8,768 | +0.03% | 81 | Strong Uptrend | 68.00 |
| GFSTEELSGrand Foundry Limited | ₹25.44 | +4.99% | 80 | Strong Uptrend | 98.00 |
| KIRLFERKirl. Ferrous | ₹480.65 | +1.33% | 80 | Strong Uptrend | — |
| VENUSPIPESVenus Pipes & Tubes Limited | ₹2,283 | +7.09% | 78 | Strong Uptrend | 95.00 |
⚠️ Educational technical analysis computed automatically from end-of-day NSE prices — not investment advice. Flash Finance is not SEBI-registered. Indicators describe what price has done; they do not predict what it will do. Verify levels on a live chart and manage risk before acting.
