- Bearish view identified in BAJAJ-AUTO during october 2018
- conditions for bearish in dow theory from Lower top to lower bottom
- higher volume is visible
- good for short selling
- entry price – 2618 marked with respect to previous bottom
- target – 2479.6 marked with respect to stop loss
- stop loss – 2756.4 marked in accordance with previous top
Hi,
Good attempt … For downside trade plan- Take your entry point when the stock price breaks the previous low ( Support level or lower bottom) and set the stop loss level at the recent high (Resistance level or lower top).