BHEL – Dow Theory – Bearish – EQSIS PRO

Tagged: Bearish, BHEL, Dow Theory, Short

This topic has 2 replies, 2 voices, and was last updated 8 years, 4 months ago by Lakshman Chandrasekaran.

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January 6, 2016 at 7:35 PM #15843
Lakshman Chandrasekaran
Participant

Rank: Level 4
Short Position
1. Entry – 193
2. Stop Loss – 214
3. Target – 172
In the image attached of BHEL, a short position can be created at the above values as the line chart shows a bearish trend.
January 6, 2016 at 9:21 PM #15849

EQSIS
Keymaster

Good one.. Do not forget to mention the volume…

January 7, 2016 at 8:17 PM #15907

Lakshman Chandrasekaran
Participant

Rank: Level 4

Yes! Next time, for sure!
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