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Tagged: Dow Theory-BHEL-Bullish Trend
For months of JULY 2016
SYMBOL- BHEL
DIRECTION-BULLISH TREND
ENTRY LEVEL- ABOVE 134
STOP LOSS-118
RISK=(134-118)=16
EXIT LEVEL-150
Image need to be much clearer.
The first LT is marked without a surge in Sell.
Same logic need to be applied for other HB’s marked.
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