As per the previous update shown below - "TECHM: Tripple Correction to End@451. 30" - we were having a view that TECHM looks to finish this correction once it starts moving above 476.50 but look how smartly 476.50 acted as resistance- In prior sessions TECHM tried crossing 476.50 but made a firstname.lastname@example.org which was slightly below 476.50A key level for us -Vow & TECHM took a U-turn & made a email@example.com & bounced again taking support of blue .
Last Traded at 462.50
Any long positions are to be taken only above 476.50 or if you see any support from blue .
I am very clear in trading -unless key levels are breach I don't enter a pair -how ever fascinating it might look. I was very clear with 476 levels as well -Its falling exactly from 475. Telling how much will it go is always tough, but yes -let me come back to you on the same.
Be very clear in trading key levels only (whenever that level is taken out-otherwise its always possible to get trapped in the market).