October 20, 2023

Dow Jones Ind Confirm Targets By Chart Analysis | Dow Jones Ind key Support and Resistance 2023

Dow Jones Ind Confirm Targets By Chart Analysis | Dow Jones Ind key Support and Resistance 2023

 

Dow Jones Ind. Chart Analysis for Future and Option Trading

 

Dow Jones Industrial Chart Analysis on Daily Time Frame

DOW JONES IND index CHART ANALYSIS for Trading

End of Day Analysis of Dow Jones Ind Helps Traders to Understand the  market sentiment and Identify Potential Trading Opportunities .

 

Support/ Demand Zones for Dow Jone index

Dow Jone index first Support Zone  –       32750 – 32850

Dow Jone index Second Support Zone  –  32200 – 32250

Dow Jone index Third Support Zone  –     31300 – 31450

 

Resistance/ Supply Zones for Dow Jone index

Dow Jone index first Resistance Zone  –       33760 – 33660

Dow Jone index Second Resistance Zone  –  33760 – 33660

Dow Jone index Third Resistance Zone  –    34330- 34430

 

 

Dow Jones Industrial Chart Analysis on One Hour Time Frame

 

Support/ Demand Zones for Dow Jone index

Dow Jone index first Support Zone  –       33170 – 33210

Dow Jone index Second Support Zone  –  32830 – 32860

Dow Jone index Third Support Zone  –     32530 – 32560

 

Resistance/ Supply Zones for Dow Jone index

Dow Jone index first Resistance Zone  –       33500 – 33540

Dow Jone index Second Resistance Zone  –  33825 – 33870

Dow Jone index Third Resistance Zone  –    34050 – 34070

 

 

Intraday Trading Guide 
  • Remember that Day Trading can be challenging and requires discipline, patience, and a lot of hard work. It’s important to develop a solid trading plan and stick to it, even when emotions are high.
  • Keep a trading journal: Record all of your trades in a trading journal. This helps you to analyze your performance, identify patterns, and make improvements to your trading strategy.
  • Manage your risk: Day trading is risky, so it’s important to manage your risk. This includes using proper position sizing, setting stop-loss orders, and avoiding overtrading
  • Use stop-loss orders: Set stop-loss orders to limit your potential losses. This helps you to exit a trade if the market moves against you quickly.
  • Before you start trading, have a well-defined plan that includes your trading strategy, risk management plan, and profit targets. Stick to your plan and don’t let emotions dictate your trades. –

 

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