VEDL – Bearish below 99.50 SL149.50

[santhoshkumar]

Forming lower top and lower Bottom as per Dow theory.

Trade Plan: Symbol: VEDL – Direction – Short – Entry – Below 99.50 SL-149.50 Target 80

 

[EQSIS]

As per the attached Chart.

Its Too Early to qualify this as a bottom.. However i could See the inverted Flag Pattern

[santhoshkumar]

VEDL broke the level of 99.50 with good volume and the bearish flag out also happened

[Author]

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