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Bottoms and Tops are marked in the graph.
The analysis is further supported with bigger data. I have marked the trend in a graph with 1 year data. Over and above I also analyzed the trend with > 2 year data to reassure my analysis is supported with required volume of data set.
What this means to you:
You need to check 2 graphs in each analysis of dow with respect to Dow Top and Bottom.
Top and bottom are marked in the graph itself.
POWERGRID – BEARISH– DOW – BELOW 182 – SL232 – TARGET – 132
GLAXO – BEARISH– DOW – BELOW 3800– SL4600 – TARGET – 3000
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