
Bharti is a stock for which SMO_SAR does NOT yield 100% tracking.
Reason:
Heavy MANIPULATIONS, cause the price to go into LONG PERIODS of CORRECTIVES.
And, as is the weakness of any Trend Following System, wen there is NO UNIDIRECTIONAL TREND (in correctives), wot will one FOLLOW ?? :-)
Nevertheless..for its applicability to C waves, i present this here
cheers
Dear SMO
ReplyDeleteRequest you to add your illustrative charts for DLF and M&M when you get some time
Thanks...Nagi