VEDL has made a double bottom around the level of 206.00. Before that it has retraced to 50% levels at 323.40. After double bottom it has now retraced to 25% levels at 264.70. his is the main level to watch as trend decider. Above 264.70 it may show recovery. Below 264.70 it may show sideways to negative price action. It needs to gather the energy to break 264.70 level decisively. Happy Trading !!!