ASIAN PAINT – BEARISH – DOW THEORY

The rally seen form 1124witness selloff form 1159.This is visible through bearish Dow Theory .

2 Comments

EQSIS 7 years ago

Here we could see some clear bullish indication, but the indicated sequence is too small to qualify… Infact we are getting lower top and lower bottom sequence at the later stage which endup resulting the stoploss triggered

Log in to reply.
Shantanu 7 years ago

can the chart period be lesser than 2 years/1 year (as in this chart) , while applying through Dow Theory ?

Log in to reply.