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NMDC was BEARISH due to LT and LB formation with volume() during SEP /OCT 2014 as per DOW theory
TRADE PLAN NMDC SHORT Entry 152 Stop loss 170 (Risk 18 )
Target125 (Reward 27 )
NOTE Here the REWARD is amazing since the scrip drifts below the target ( ie up to 100 /90)
The sequence you marked is LB-LT.
DEAR SIR /MADAM
THANK YOU for the interest shown in verifying my practicals.
What is FORMED in the selected chart and MARKED by me is only TOP and LOWER TOP.
The LOWER BOTTOM is YET TO BE FORMED after my ENTRY at 152
Hence I wrote LT and LB
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