Dow theory k points
Phases of Dow theory:
Dow theory ka bear market ka phases ko discuss kartay hain:
1: Distribution phase:
Usually bear market tab start hoti hai, jab bull market end ho rahi hoti hai.
2: Panic selling phase:
Name ki tarah es ko agar ap best describe karna chahte hain to panic aur fear words hi most suitable hon gy. Jesa hi market ki price failure ki taraf jati hai, buyers limited ho jatay hain, log market ko leave karna chahta hain, jab market ki price mein sharp drop hota hai.
3: Discouragement phase:
Yeh tab occur hota hai, jab sharpest failure finished ho. Stocks investors sochtay hain keh market improve hogi, apnay portfolio ko sell kar detay hain jo keh condition ki waja sa discouraged ho jatay hain. Yeh phase lengthy horizontal range ko follow karta hai, per kuch time ka bad sooner ya later chezain positive ho jati hain, aur market mein new accumulation phase occur hota hai.
Es ko aik picture sa understand kartay hain:
Es picture mein, sab sa pehlay black box mein market ki movement aur trend ka aik part highlight kia gya hai, yeh distribution phase hai, pher is ka foran bad aik phase start ho raha hai, es ko red box sa show kia gya hai,, yeh panic selling phase hai, aur last p jo phase show kia gya hai, esko blue box sa highlight kia gya hai, yeh discouragement phase hai.
Stock market average confirmation:
Stock market ki averages ko sync karna chahiay , companies jo keh aik sath kam kar rahi hn aik dosray ka business mo affect karti hain. En industry mein key averages aur stats aik dosray sa affect hoti hain. Agar aik example dekhain, aik manufacturing company kuch goods bnati hai, per en ko transport karna us ka kam nahin hai, wo dosri industry ler depend karti hai transportation purposes ka liay. Agar manufacturing mein sales ya profit ya koi bhi averages up jati hain, to ideally dekha jay to transpo industry ki average bhi up jani chahiay. Agar baqi sab factors ko ham constant rakhen. Aur yahi concept Dow theory provide karti hai keh aik industry ki average dosri ko affect karti hai.
Es ko aik picture sa dekhtay hain:
Es picture mein 2 sides per comparison ho raha hai, yeh nifty aur nifty banks ka data hai, both sides bears ko confirmation day rahi hain, jisko boxes sa highlight kia gya hai.
Examples :
1)Trends ki volume confirmation:
Volume aik secondary factor hai per yeh bahut important hai, volume increase ya decrease hota hai jab price ki movement trend ki direction mein ya reverse hoti hai.
Agar price primary trend mein move kar rahi hoti hai, to volume increase hota hai, ager yeh primary trend ka against ho to yeh decrease hogi.
Low volume market mein trend ki weakness ko show karta hai.
Es ko aik picture sa dekhtay hain:
Es mein volume ki indication ki gai hai, market hmesha market participation ka traders sa confirm hoti hai, jo keh long side hota hai ya pher short side.
2:Trend reversal:
Trends up jatay hain yahan tak keh aik reversal hota hai. Primary trend ka reverse ko secondary trend sa confuse kia ja sakta. Dow theory ka according, aik trend aik direction mein movement jari rakhta hai, yahan tk keh koi dosri external forces uski direction mein a jay.
Es ko aik picture sa dekhtay hain:
Es picture mein divergence dikhai gai hai jo keh blue line sa spot ki gai hai, market trend mein rehti hai yahan tak keh aik clear reversal a ra.
Dow theory ka bear market ka phases ko discuss kartay hain:
1: Distribution phase:
Usually bear market tab start hoti hai, jab bull market end ho rahi hoti hai.
2: Panic selling phase:
Name ki tarah es ko agar ap best describe karna chahte hain to panic aur fear words hi most suitable hon gy. Jesa hi market ki price failure ki taraf jati hai, buyers limited ho jatay hain, log market ko leave karna chahta hain, jab market ki price mein sharp drop hota hai.
3: Discouragement phase:
Yeh tab occur hota hai, jab sharpest failure finished ho. Stocks investors sochtay hain keh market improve hogi, apnay portfolio ko sell kar detay hain jo keh condition ki waja sa discouraged ho jatay hain. Yeh phase lengthy horizontal range ko follow karta hai, per kuch time ka bad sooner ya later chezain positive ho jati hain, aur market mein new accumulation phase occur hota hai.
Es ko aik picture sa understand kartay hain:
Es picture mein, sab sa pehlay black box mein market ki movement aur trend ka aik part highlight kia gya hai, yeh distribution phase hai, pher is ka foran bad aik phase start ho raha hai, es ko red box sa show kia gya hai,, yeh panic selling phase hai, aur last p jo phase show kia gya hai, esko blue box sa highlight kia gya hai, yeh discouragement phase hai.
Stock market average confirmation:
Stock market ki averages ko sync karna chahiay , companies jo keh aik sath kam kar rahi hn aik dosray ka business mo affect karti hain. En industry mein key averages aur stats aik dosray sa affect hoti hain. Agar aik example dekhain, aik manufacturing company kuch goods bnati hai, per en ko transport karna us ka kam nahin hai, wo dosri industry ler depend karti hai transportation purposes ka liay. Agar manufacturing mein sales ya profit ya koi bhi averages up jati hain, to ideally dekha jay to transpo industry ki average bhi up jani chahiay. Agar baqi sab factors ko ham constant rakhen. Aur yahi concept Dow theory provide karti hai keh aik industry ki average dosri ko affect karti hai.
Es ko aik picture sa dekhtay hain:
Es picture mein 2 sides per comparison ho raha hai, yeh nifty aur nifty banks ka data hai, both sides bears ko confirmation day rahi hain, jisko boxes sa highlight kia gya hai.
Examples :
1)Trends ki volume confirmation:
Volume aik secondary factor hai per yeh bahut important hai, volume increase ya decrease hota hai jab price ki movement trend ki direction mein ya reverse hoti hai.
Agar price primary trend mein move kar rahi hoti hai, to volume increase hota hai, ager yeh primary trend ka against ho to yeh decrease hogi.
Low volume market mein trend ki weakness ko show karta hai.
Es ko aik picture sa dekhtay hain:
Es mein volume ki indication ki gai hai, market hmesha market participation ka traders sa confirm hoti hai, jo keh long side hota hai ya pher short side.
2:Trend reversal:
Trends up jatay hain yahan tak keh aik reversal hota hai. Primary trend ka reverse ko secondary trend sa confuse kia ja sakta. Dow theory ka according, aik trend aik direction mein movement jari rakhta hai, yahan tk keh koi dosri external forces uski direction mein a jay.
Es ko aik picture sa dekhtay hain:
Es picture mein divergence dikhai gai hai jo keh blue line sa spot ki gai hai, market trend mein rehti hai yahan tak keh aik clear reversal a ra.