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  • #53759
    GK Pai
    Participant
    Rank: Level 5

    Coal India – Current price is 316

    Option 1: If Bullish Trend happens in coming weeks

    Entry – 349 (Above HT)

    Stop loss – 310 (HB)

    Risk – 39

    Target – 388 (Entry + Risk)

    Option 2: If Bearish Trend happens in coming weeks

    Entry – 310 (Below LB)

    Stop loss – 330 (LT)

    Risk – 20

    Target – 290 (Entry – Risk)

    Target Date: for both options target dates can be predicted after the entry date.

    #54980
    EQSIS
    Keymaster

    Here the top and bottom marking is very close… Try doing one more… For dow theory it is recommended to have more data (at least 1 to 2 years)

Viewing 2 posts - 1 through 2 (of 2 total)
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