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Tagged: DOW THEORY AMBUJACEM BEARISH
Symbol: AMBUJACEM
Direction: BEARISH
Entry Level: 221
Stop Loss: 231
Target: 211
Dow theory need significant data to proceed analysis ( at-least 1 – 2 data)
Then Mark the Tops and Bottoms
Later qualify them as higher or Lower
then identify the area to create long and short position
Note: Do not ignore the volume condition….
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