AbhishekHSinghCMT
Long

TechM (4H)- Tripple Correction To End@451.30 Likely

NSE:TECHM   TECH MAHINDRA
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There is a tripple correction, which started from high@564 & looks like it has ended@451. 30 recent low, but not confirmed yet so we will wait for the falling trendline to be broken or Move Above 476.50 -key level- any move above, shall give a clue that tripple correction WXYXZ has ended -which ultimately has ended "d' -wave of the triangle as per previous update.

Sep 13
Trade active: 09:45 Hrs- IST-14th Sep2016- Vow -its moving upside. Currently Trading at 470.85.
Sep 19
Trade active: 11:50 Hrs-19thSep2016

Kiss & Go Above 476 -it's trying its best from 460-465 zone
Sep 19
Trade active: 14:35 Hrs- 19th Sep2016

"O" -Just Turned below 476. Made a high at 474.90 approx. Trading at 469
Best Regards,
Abhishek H. Singh, CMT
​Growth Director - India
http://in.tradingview.com
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India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
So the close at 407.2 is the completion of d-wave. The move from second 'x' to 'z' is to be market 12345 impulsive. Right??
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harishkumarhs harishkumarhs
So the close at 407.2 is the completion of d-wave. The move from second 'x' to 'z' is to be marked 12345 impulsive. Right??
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harishkumarhs AbhishekHSinghCMT
@AbhishekHSinghCMT, Thank you sir.
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It may also be called Double Zig-Zag Correction. What do you say?

Well noted correction, Abhishek.
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Sorry Nitesh- Just Missed your update as well- it's happening frequently to me
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Yes Double Zigzag- correct
+1 Reply
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