The negative trend is seen at 10359 and entry price should be 10359 and target price should be 10293 because there is a trend reversal with high volume.
, , Dow Theory
, , Dow Theory
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Hi,
Steps for using dow theory
1. First try to mark all tops and bottoms in the chart
2. Qualify tops and bottoms as higher or lower
3. Long – When the price move above the previous higher top
Short – When the price move below the previous lower bottom