VEDL is on the process of Harmonic Extended pattern ( Butterfly Pattern)
B point is at the 0.786 retracement of XA and D point forms at the 1.27 to 1.61 projection of XA.
As per this chart the target levels should be 193 and 229
B point is at the 0.786 retracement of XA and D point forms at the 1.27 to 1.61 projection of XA.
As per this chart the target levels should be 193 and 229
Trade closed: target reached
Booked profit in 1st target
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.