AbhishekHSinghCMT
Short

Tech M- Hold Your Nerves Till 477 broken downside

NSE:TECHM   TECH MAHINDRA
311 views
6
311 5
Let the market tell us where it wants to head next. Patience is the key to trading. Once rising trendline gets broken & if it goes below 477 & sustains downside, then next it could be heading for 445-450 zone going below 450 keep a watch can slip fast till 420-425 zone.

Once goes below 477 -maintain stops above

Or going above 507 then likely to push upside.



TECHM 2016 Diary-



Trade active: 23:15 Hrs 18th Jan2017

Last price@283

There was a sharp fall from yesterday's high of 295 -keep an eye -likely it leaks down.
Trade active: 10:21 Hrs 19th Jan2017

Last Price@481

Thanks Dev- for highlighting Typo error. Apologies!

Guys it is 483 instead of 283 & 495 instead of 295 in the previous update@23:15 Hrs 18th Jan2017.
Trade active: 14:06 Hrs 20th Jan2017

Last Price@471

Maal laoooooooooooooooooooooooooo!!!
Best Regards,
Abhishek H. Singh, CMT
India Regional Manager
http://in.tradingview.com
| LinkedIn
India Markets-BSE, NSE chat room- https://in.tradingview.com/chat/#b4sFOMIVqPkq8gfQ
Hi Abhishek, we all publish our ideas here. In that manner I am your peer. As one trader to another trader, I am saying this. Your status message appears to be personal and philosophical. We are traders and should be cheerful always no matter what. I will be happy if you consider what I said and put some thing more appropriate in your status message. Thank you!
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@vanathi, Yes, that is my personal space. Thanks
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How did you arrive at 477? Based on your wave count?
Reply
@VPS, Its a double zigzag with x-wave support at 477
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VPS AbhishekHSinghCMT
Thanks.
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