TATAPOWER SEEN BEAR TREND.
IĀ TAKE SHORT AT RS. 33.7
STOP LOSSĀ RS.Ā 45.6
TARGETĀ Ā RS.Ā 12.9
, , Dow Theory
, , Dow Theory
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Hi,
Avoid minor trend, Minor trends are unimportant and can be misleading. Minor trends are short-term movements lasting from one day to three weeks. Dow believed the primary trend instead of secondary trend or minor trend.
While analyzing Dow theory itās always good to mark all major tops and bottoms with two years of data.