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