Rocky_Chow

Wave Count Analysis of VTL

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NSE:VTL   VARDHMAN TEXTILES
Continuing from my last idea of VTl where the obvious becomes a tad complicated, decided to count the waves taking shape there
It appears to be in a corrective wave ii of wave iii... next couple of days, i.e., Nov 1 & 2 is crucial for the upmove to happen, just ride the wave here if it comes, minimum target can be taken as 1:1 of wave 1 and t2 is 1.618 of wave 1.. counts given in chart, the break of results day low negates everything including wave count so Sl should be placed at that point

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