The bearish price movement is visible for BHEL by applying Dow’s theory. The bearish criteria is met to qualify for creating long position.
1. Higher bottom ->Higher top sequence is identified
2.Expected high volume also seen during this period.
The bearish price movement is visible for BHEL by applying Dow’s theory. The bearish criteria is met to qualify for creating long position.
1. Higher bottom ->Higher top sequence is identified
2.Expected high volume also seen during this period.