VEDL - DESCENDING TRIANGLE PATTERN

#VEDL

BUY ONCE CHANNEL IS BROKEN
SL 200EMA
TARGETS 111/ 112/ 113.5/ 114.5

SELL BELOW 108
SL 100EMA
TARGETS 107/ 106.3/ 105.3

KEEP AN EYE!!

NOTE - BREAKOUT HAS TO HAPPEN WITH MORE THAN AVERAGE VOLUME AND THE FOLLOWUP CANDLE MUST SHOW CONVICTION!!
***Always keep buffer with target and SL level
***in case of GAP opening, the given levels become invalid.
***this is my personal view. Please take advice from your financial advisor before investing.