BAJAJ AUTO BEARISH IN DOW THEORY – EQSIS PRO

This topic has 2 replies, 3 voices, and was last updated 8 years, 3 months ago by EQSIS.

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December 21, 2015 at 7:27 PM #14918

arunraja
Participant

Rank: Level 3

found lower top and lower bottom with volume its create the bearish trend.

trade plan; symbol- bajaj auto, direction-short entry goes below 2324

SL-above 2454

target-below 2194

December 22, 2015 at 12:25 PM #14941

Mahesh
Participant

Rank: Level 2

There is a previous short position as per DOW which also has a very high volume and thus would be a better short position. Let me know if I’m wrong.

January 8, 2016 at 5:17 PM #15916

EQSIS
Keymaster

Yes Magesh, What you said is correct. i appreciate your volume observation
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