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Vedanta Iron and Steel Limited (VISL) — Technical Setup
₹30.91 -2.86% Range Normal Volatility Strong bearish
Summary
Vedanta Iron and Steel Limited is in a range on the daily chart. RSI(14) is 34.2, MACD is below its signal line, ADX reads 28 (trending). Volume in the latest session was 1.0× its 20-day average. Over three months it has outperformed the Nifty 50 by 12.4 percentage points. Nearest support is ₹29.25 and resistance ₹32.75. Its technical score is 20/100 (strong bearish).
🧮 How the 20/100 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 (-8.91)0/3
- 20-day EMA above 50-day EMA3/3
- 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) (27.58)0/3
- Weekly trend up (above a rising 30-week average)0/2
- RSI(14) in the bullish zone (55-70 best) (34.18)0/6
- MACD line above its signal line0/4
- MACD line above zero (-1.12)0/3
- 12-day rate of change positive (-16.80)0/3
- Stochastic %K above %D2/2
- Outperforming the Nifty 50 over 3 months (12.36)2/2
- On-balance volume rising over 20 sessions0/5
- Chaikin Money Flow (20) positive (-0.21)0/5
- More volume on up days than down days (20 sessions) (0.66)0/5
- Close above 20-day VWAP (-13.92)0/5
- Daily range (ATR%) contained — ≤2.5% scores full (5.03)2/6
- Price in the upper half of its Bollinger Bands (0.10)0/5
- Shallow drawdown from the 52-week high (-30.97)1/5
- Volatility contracting (20-day volatility below its 6-month median) (6.10)4/4
- Room to the next resistance (≥8% scores full) (5.95)3/5
- Support close below (a tight, definable stop) (5.37)3/5
- Broke above a 20-day high in the last 5 sessions0/5
- Within 5% of the 52-week high (-30.97)0/5
🧭 Regime: Range
Normal Volatility — Bollinger width is in the 50th percentile of the last six months.
Suits: Mean reversion / range trading. No directional edge: buy near range support, sell near resistance, and treat breakouts with suspicion until volume confirms them.
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 Bollinger Band Reversion rules for VISL — close below the lower bollinger band (20,2) while above the 200-day sma.
🕰️ Multi-timeframe
| Timeframe | Trend | RSI (14) | MACD hist. |
|---|---|---|---|
| Monthly | — | — | — |
| Weekly | — | — | — |
| Daily | ◆ Neutral | 34.18 | -0.58 |
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. Volume has dried up to under 60% of normal.
💪 Relative strength
VISL ÷ 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 | ₹40.54 | +31.1% | 2 |
| Resistance | ₹37.27 | +20.6% | 1 |
| Resistance | ₹35.94 | +16.3% | 1 |
| Resistance | ₹32.75 | +6.0% | 1 |
| Close | ₹30.91 | — | |
| Support | ₹29.25 | −5.4% | 1 |
52-week range: ₹19.06 – ₹44.78 (-30.97% from the high).
🌀 Fibonacci
Measuring the up-swing from ₹19.06 (2026-06-15) to ₹44.78 (2026-07-03). Price has retraced 53.9% of it.
| Ratio | Price | Distance | |
|---|---|---|---|
| 23.6% retracement | ₹38.71 | +25.2% | |
| 38.2% retracement | ₹34.95 | +13.1% | |
| 50.0% retracement | ₹31.92 | +3.3% | nearest |
| 61.8% retracement | ₹28.89 | -6.5% | |
| 78.6% retracement | ₹24.56 | -20.5% | |
| 127.2% extension | ₹51.78 | +67.5% | |
| 161.8% extension | ₹60.67 | +96.3% | |
| 200.0% extension | ₹70.50 | +128.1% |
Next Fibonacci time zone: 89 sessions from the swing start ≈ 2026-10-16 (approximate — exchange holidays are not modelled).
🕯️ Candlesticks (last 5 sessions)
- Bearish Marubozu 2026-09-15 bearish 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 VISL 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.