We can see higher bottom(1094) followed by higher top(1260) accompanied with good volume of transaction. Stop loss is higher bottom (1094). Target is 1260 + (1260 – 1094) = 1426.
Dow Theory-Bullish-ABB
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Stock Analysis
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Bullish View
Bearish View
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For Dow theory a minimum of one year data should be loaded and then the tops and bottoms should be identified.