Rajat Bose of rajatkbose.com feels that Vedanta may move to Rs 275.
Rajat Bose of rajatkbose.com told CNBC-TV18, "In Vedanta put a stoploss below Rs 247. It is actually showing a short-term bullish reversal pattern today, so chances are that once again it would be headed towards Rs 275. However, metal stocks are actually facing some supply pressure at higher levels, so if there were to be any problem on its way up, then definitely get out of the position."Vedanta ended at Rs 252.50, up Rs 4.05, or 1.63 percent on the BSE.