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  • #23246
    K. Siva
    Participant
    Rank: Level 4

    Hindalco formed Lower Top – Lower Bottom scenario with High Volume – Dow Theory

    Plan for Trade:

    • Symbol – Hindalco
    • Direction – Short
    • Entry – Below 60
    • Exit – 35
    • Stop Loss – 85
    #23250
    Karthikeyan .K
    Participant
    Rank: Level 6

    Boss

    The region you have mentioned is double top .. afterward it moved down and confirms the Double top senerio.

    #23260
    K. Siva
    Participant
    Rank: Level 4

    Boss we can’t say that this region is Double Top because the two tops have price difference and the time delay between the two tops are low and the volume also low in both the tops so better i think it is suitable for Dow theory concept.

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