As seen from the chart we can assume that the wave 2 of primary degree was so deep in Vardhman Special Steels. The intermediate 4th is about to complete. The target of 337 is projected with the help of extension tool. As it has broken out of the channel, and may retest the support before going forward or may move further for ultimate target. This is not a trading or investment advice, do your own analysis before going for any trade execution.