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Support resistance

Discussion in 'Technical Analysis' started by techsridhar10, Oct 21, 2016.

  1. techsridhar10

    techsridhar10 New Member

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  2. shabbir

    shabbir Administrator Staff Member

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    I use price action charts with bounce levels as supports.
     
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  3. techsridhar10

    techsridhar10 New Member

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    Yes sir to the stock I follow/ watch could be determined but on a broad basis how to spot the bounce level of stocks

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  4. shabbir

    shabbir Administrator Staff Member

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    See the chart of L&T in this chart of the week thread where it bounces multiple times from 1400 levels and so it is a very strong support for this stock