Dow theory is the oldest technical analysis tool. According to dow theory a bullish trend can be used to take long position at the point between the high bottom and high top where the neck crossing line occurs. Please note high volume must be there. By keeping the risk to reward ratio as 1:1, accordingly stop loss and target points can be fixed.
BOSCHLTD- DOW THEORY BULLISH TREND ( PRACTICE )
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Stock Analysis
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Bullish View
Bearish View
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great work
Thank you umashankar. 😊