Dow Theory was the first ever theory invented to derive supply and demand of shares. Charles H Dow invented this theory in 19th century. He formalized the theory on price action by studying demand and supply. The theory states that spot the higher and lower bottoms in charts with volume significance to derive higher top higher bottom and find the significance of bearish or bullish trend.

2 Comments
  1. vignesh 6 years ago

    Hi,
    your answers are well framed and appropriate.

  2. Author
    RAVOORI HEMANTH RAM 6 years ago

    Thank You Sir.

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