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Mentorship

Mentorship

Hindalco

19 Jan 202103:45 AM

Changing the markings on Hindalco to a running flat from a 1-2-3 because the rally from the Dec low to the Jan high is 3 waves. So it is corrective and a B wave. A running flat is an upward slanting corrective pattern so marked as a channel with the lower end at 141 near the 40-day ema as well. This entire pattern then was wave 2.

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