VEDL IN CORRECTIONVEDL has completed 1-5 impulsive wave and is in correction which will form ABC pattern.
Wave 3 of 'C' wave is over and wave 4 is in progress. Wave 4 may end between 295-297 from where wave 5 will start. Opportunity to sell call or buy put at 295-297 levels.
Wave 5 may will reach at 256 level or even may go further down if volumes are not increasing.
this is only for educational purpose. We are not responsible for any loss or damage caused.
