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April 12, 2016 at 2:26 PM #23388

S.Sivaraman
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Rank: Level 4

Good One!

I also spotted this!

April 12, 2016 at 2:46 AM #23342

S.Sivaraman
Participant

Rank: Level 4

Thank you!

April 12, 2016 at 12:41 AM #23336

S.Sivaraman
Participant

Rank: Level 4

Hi,

Can you explain how you arrived the Target as 215?

was it because the stop loss was at 188 so you arrived at equal profit target?

Thanks in Advance

April 11, 2016 at 10:29 PM #23309

S.Sivaraman
Participant

Rank: Level 4

Hi,

Wont it better if you take 1day charts for dow theory?

Mr. Murugan said weekly charts average out the volume and prices..

Here s link for the same dow analysis i did on bank of Baroda. i also found it to be bullish but had a lesser target and SL. Please have a look at it and let me know your thoughts!

BANKBARODA – BULLISH ABOVE 153

April 10, 2016 at 11:45 PM #23182

S.Sivaraman
Participant

Rank: Level 4

horizontal lines are drawn at 0,23.6 , 38.2, 61.8, 100 percentages of previous high and low.

when the price crosse 23.6% zone the trend is confirmed

create positions at 38.2% with SL at 23.6& and target as 61.8%.
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