Here i am taking the chart from December 2015 to September 2016.
DOW THEORY – ASIAN PAINTS
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Stock Analysis
M | T | W | T | F | S | S |
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1 | 2 | 3 | 4 | 5 | ||
6 | 7 | 8 | 9 | 10 | 11 | 12 |
13 | 14 | 15 | 16 | 17 | 18 | 19 |
20 | 21 | 22 | 23 | 24 | 25 | 26 |
27 | 28 | 29 | 30 | 31 |
Bullish View
Bearish View
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For Long Position the previous bottom can be placed as stop loss…
it means 750 is stop loss am i right sir
Yes Stoploss is 720 ( as per your marking on around Year 2015), Then target is 920 (Risk 100 + 820)
Yes Stoploss is 720 ( as per your marking on around Year 2015), Then target is 920 (Risk 100 + 820)