Since the down trend was conformed by Dow theory, we can buy at 375/- by keeping SL at 427/-.
Here one fake buy signal was observed (volumes not supported). If we take a buy position there, our position would be hitted by SL as mentioned in chart.
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Since the down trend was conformed by Dow theory, we can buy at 375/- by keeping SL at 427/-.
Here one fake buy signal was observed (volumes not supported). If we take a buy position there, our position would be hitted by SL as mentioned in chart.
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Hi,
You did an excellent job