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Bank Of Baroda formed Higher Top & Higher Bottom with High Volumes – Dow theory
Plan for Trade:
1. Symbol – Bank of Baroda
2. Direction – Long
3. Entry – 158.5
4. Target – 180.0
5. Stop Loss – 137.0
Hi,
Wont it better if you take 1day charts for dow theory?
Mr. Murugan said weekly charts average out the volume and prices..
Here s link for the same dow analysis i did on bank of Baroda. i also found it to be bullish but had a lesser target and SL. Please have a look at it and let me know your thoughts!
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