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Dear Friends,
When ever you enter into long position, it is make sure that price is near support zone.
Take partial profits near resistance zone.
#supportzone
#ResistanceZone
How to get support and resistance zones for any stock?
Search stock > see the support and resistance
When ever you enter into long position, it is make sure that price is near support zone.
Take partial profits near resistance zone.
#supportzone
#ResistanceZone
How to get support and resistance zones for any stock?
Search stock > see the support and resistance
#supportzone
How we calculated these data?
> These are calculated based 12 - 14 months (280 daily candles).
> Calculate how many times a price closed at a particular price.
> If a price closed 420, 421 422, 419 in different times then consider 420 occurs 4 times(1% approx)
How we calculated these data?
> These are calculated based 12 - 14 months (280 daily candles).
> Calculate how many times a price closed at a particular price.
> If a price closed 420, 421 422, 419 in different times then consider 420 occurs 4 times(1% approx)
#resistancezone
Resistance points also calculated as shown above.
There could be multiple resistance points.
> Select a point which has more connected points
> Then select a point which has huge volume.
This is available only Daily candles soon will add them for week & month
Resistance points also calculated as shown above.
There could be multiple resistance points.
> Select a point which has more connected points
> Then select a point which has huge volume.
This is available only Daily candles soon will add them for week & month
