Dow theory witnessed at Ashok Leyland during 1872019
bearish trend
target -72
stop loss-90
entry level-82
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Dow theory witnessed at Ashok Leyland during 1872019
bearish trend
target -72
stop loss-90
entry level-82
M | T | W | T | F | S | S |
---|---|---|---|---|---|---|
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 |
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Hi,
Good analysis sir….. keep doing this
Dear Abijit,
Good analysis.
I thought that we should fix the target price to be same difference between stop loss and entry price ie Rs. 8. But from your chart I understand the target price can be more than Rs. 8. That is why you have fixed Rs. 72 as the target price have Rs. 10 as the profit margin.
Thanks
.