correction or downtrend

bunti_k23

Well-Known Member
#1
guys as im using candlestick charts and some indicators ma' s etc etc....but im unable to determine whether a particular stock is in downtrend or in correction mode. i know im asking noob ? so plz do reply all senior members like saint and others...thanks in advance
 

manojborle

Well-Known Member
#2
guys as im using candlestick charts and some indicators ma' s etc etc....but im unable to determine whether a particular stock is in downtrend or in correction mode. i know im asking noob ? so plz do reply all senior members like saint and others...thanks in advance
Basic requirement for downtrend should be an up trend line break followed by Lower High and Lower low.