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Dow theory is to identify the trend using minimum of 2 years chart , it is used to find the demand and supply
Demand > supply then it is the bullish trend
Supply > Demand then it is the bearish trend.
i.e In Bullish trend we will get higher tops and higher bottom (current bottom is higher than the previous bottom). when higher top is breaking with volume then it is actual resistance got broken. Trend reversal for bullish is when lower bottom formed.
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Bearish-GAP-SHORT-BICON-25-10-2019 October 25, 2019
FEDERAL BANK – BEARISH ENGULFING October 17, 2019
Cummins India – Bearish Engulfing – 24Sep19 September 25, 2019
Day29-Tata Motors DVR – Bearish Piercing – 12Sep19 September 12, 2019
Day27-Bearish-Engulfing pattern-Tech Mahindtra-09Sep19 September 10, 2019
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