Best ways to Draw Support & Resistance Levels Video Tutorial


In This Video, We Will Learn About Support And Resistance Levels In Technical Analysis, How To Find Them And Make Money Out Of It With Little Risk And Too Much Reward. On Chart, Support And Resistance Identify Areas Of Supply And Demand. This Is The Most Important Aspect Of Trading. Understanding The Concept Of Support And Resistance In Trading Can Drastically Improve Your Short-Term Trading As Well Long Investing Strategy.

Support And Resistance Represent Key Levels For Trading Where The Forces Of Supply And Demand Meet.

In Technical Analysis, Support And Resistance Is A Concept That The Movement Of The Prices Will Tend To Stop And Reverse At Certain Predetermined Price Levels. These Levels Are Represented By Multiple Touches Of Price Without A Breakthrough Of The Level.

In The Stock Markets, Prices Are Driven Down By Excessive Supply While They Will Rise On Profuse Demand. Supply Means Bearish, Bears Or Selling Or Drop In Prices While Demand Means Bullish, Bulls And Buying Or Rise In Prices. With Demand Increase, Prices Advance and As Supply Increases, Prices Decline. When Supply And Demand Are Equal, Prices Move Sideways As Bulls And Bears Fights For Control.

The Author

Pramod Baviskar

Professional Market Trader And Owner Of Dalal Street Winners Advisory And Coaching Services. Working Since 2007 And Online Presence Since 2010. We Provide Highly Accurate And Professional 1 Entry And 1 Exit Future, Option, Commodity, Currency And Intraday Stock Tips On Whatsapp With Live Support And Follow Up.
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