This section explains about the analysis by doing Dow Theory. Studying the demand and supply of market is Dow Theory. DOW Theory is used in determining the trend, which can be done by taking 2 years of data and also by using line charts. The line chart will helps us to determine the trend which includes Higher Top, Higher Bottom, Lower Top and Lower Bottom. By using this trend we can either create Long position or create short position, make sure the volume is high. The major drawback in this analysis it does not determine the price behavior. This theory is suitable for long term investments.