Dow theory is the basic technical analysis , Basically Curve charts are used with 2 years span to analyse through dow theory. Duration will be around one month to two and based on the trends Higher bottom and higher top with volume rise, and vice versa.When the trend is HB-HT, long position is created after the previous top point price with rise in volume and the stop loss should be previous bottom so that take profit is opposite like stop loss. Same way in LT-LB trend, Short position is created after the previous lower point price with rise in volume.It is time taken like around a month or two, It is not applicable for short term analysis. But it has the high probability of success with low risk.

  • : It is the basic technical analysis .Main objective of dow theory is to understand the market by knowing demand and supply.
  • : Curve charts with 2 years period is required to analyse through dow theory. Duration will be around one month to two and based on the Higher bottom and higher top with volume rise, lower top and lower bottom
  • : The trend has to follow either Higher bottom and higher top with rise in volume or Lower top and lower bottom with high volume.
  • : It is time taken like around a month or two, It is not applicable for short term analysis. But it has the high probability of success with low risk.
  • : When the trend is HB-HT, long position is created after the previous top point price and the stop loss should be previous bottom so that take profit is opposite like stop loss. Same way in LT-LB trend, Short position is created after the previous lower point price.
  • : Support and Resistance is a concept that the movement of the price of a security will tend to stop and reverse at certain predetermined price levels. These levels are denoted by multiple touches of price without a breakthrough of the level.
  • : explain support and resistance?
1 Comment
  1. vignesh 4 years ago

    Hi sir,
    Answering to your question 1 What are Support and Resistance?:
    Support and Resistance are the two levels
    support is when the price bounces after a downfall i.e. price increases after a huge decrease in this level buyers buy their stocks
    resistance is when the price reverses after a rise up i.e. price decreases after a huge increase in this level sellers sell their stocks

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