The point away from home means that the Hornets now occupy third spot in the league standings as they aim to claim at least a playoff spot come the end of the season.

Benik Afobe of Wolves celebrates with team mates after scoring the opening goal of the game during the Sky Bet Championship match between Wolverhampton Wanderers and Watford at Molineux on March 7, 2015 © Getty Images

The hosts took the lead with the game's first chance as the in-form Benik Afobe produced some clever movement before finishing into the bottom-left corner.

Watford were slow moving the ball forward, leaving Adlene Guedioura to try to test Tomasz Kuszczak from distance, with the keeper saving comfortably in the middle of the goal.

The away side managed to restore parity in the 30th minute, however, when Matej Vydra produced a delicate touch before drilling an emphatic finish under the despairing body of Kuszczak to make it 1-1.

Wanderers might have gone into the break with a lead, but both Afobe and James Henry were wasteful from close range, while Vydra also had a good shot saved for Watford in an end-to-end opening 45 minutes.

Kenny Jackett's men went back in front after the interval as Jack Price tucked in from the centre of the box, after Watford failed to clear a corner from Kortney Hause.

The visitors knew that their promotion hopes were possibly on the line and managed to pull level through Troy Deeney, who muscled his way into the box to fire past Kuszczak and leave the score at 2-2.

Daniel Tozser produced a thunderous strike from distance not too long after, leaving the Wolves stopper rooted to the spot as the ball flew just over the crossbar.

Deeney might have stolen a crucial three points for the visitors with three minutes remaining, only to see his shot evade the top corner as the game ended 2-2.