Know the Entry and Exit of stocks using DOW theory

 

Follow the below steps to find the Entry and Exit

1. Do the fundamental analysis find some best stocks
2. Pick the stock and draw the above DOW lines and see if the market it uptrend, downtrend and sideways.
3. If the market is Uptrend with Big Green Candles then it suggests to take entry.
4. Entry And Exit:  Chart in day view and check if the previous two days have consecutive green candles and second candle should start with "high of the first candle".  If yes then take entry at the high of the second handle(Previous day) and stop loss at the low of the second handle.
5. And then change the stop loss to the upper level when your  profits are increasing.