While it’s not always clear why a time and price symmetry identified a market turn, such symmetries do indeed exist.
Gann, considered the squaring of price and time his most important discovery . He called it range and time squared.
However, the proper application can be tricky.
Markets are enigmas, and this attribute demands a great deal of flexibility when...
BHEL definitely looks corrective.
Hence in the longer run it looks it is going to go below 15.
But incase the wave turns complex - the stock may touch 29, which is the 200 moving average.
BHEL: Weekly chart. RSI Divergence see on weekly chart. Volume is rising. Taken support at 42 twice with divergence in RSI. It a multi year low after tripple top breakdown in 2017. Some thing interesting. Please share ur views.
