As per the line charts it is observed that Indiabulls Housing Finance is in bearish trend. One should initiate the the trade as per given levels.
, , Dow Theory
, , Dow Theory
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Bullish View
Bearish View
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I request you to go through this and send in your observations to enable me to improvise in future analysis.
Hi P.P.LAKSHMINARAYANA, I think if we are considering such minor fluctuations as tops and bottoms, then we have to consider all similar spikes also. Then we way not be able to analysis the trends I suppose. I may be wrong, please feel free to correct me.