dow theory is a old theory but it is still being used in technical analysis it takes data of the stock performance the period of at least two years and we should find out the sequence of HT , HB AND LT, LB which should form in 2 to 3 months with a high volume during this time we should plane our entry and exit

1 Comment
  1. vignesh 6 years ago

    Hi sir,
    This will be the appropriate answer for the question 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

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?