Dow Theory is the foundational bedrock upon which stands the entire edifice of technical analysis and trading. This path-creating theory took shape in the editorials Charles Dow wrote in The Wall Street Journal before his death in 1902. To this day, the theory remains unsurpassed in its ability to capture the market’s behaviour and foresee the direction of financial markets.

In this book, expert trader and market commentator Rakesh Bansal presents his successful and market-tested trading methods based on the principles of Dow Theory. Followed with discipline and correct understanding, these strategies can help you trade the stock market profitably.

Highlights:

• Concise introduction to Dow Theory and technical analysis

• The key concepts and tenets of Dow Theory

• How Dow Theory defines and maps trends

• Rules and guidelines for trading Dow Theory patterns

• Plus: 100 real-life examples of trades using Dow Theory, with actual profit numbers, from different and varied phases of the Indian markets, including the volatile, stress-test phase of Demonetisation.

Rakesh Bansal, a post graduate in Business Management, grew interested in the stock market in 1998 and is now a full time market trader, mentor and advisor. Equally, he is a prominently featured market expert on top Indian business television channels.

With his vast repertoire of knowledge and rich experience of more than two decades, Mr. Bansal has been mentoring and advising large numbers of traders and investors through his seminars. He is an expert panellist with Zee Business television channel where he regularly shares his market outlook and trading picks. His equity advisory services focus on “Return OF Capital along with Return ON Capital.”

Rakesh Bansal is the author of two other successful books on trading, Profitable Short Term Trading Strategies and Profitable Elliott Wave Trading Strategies, both published by Vision Books.