Support & Resistance zone are inter-changeable. Levels which acted as support can act as resistance in future and vice versa.
Same is very much highlighted from this AUROPHARMA chart where 850-855 acted as support multiple times and now acting as resistance multiple times.
Above 855, AUROPHARMA can move up. Keep on your watchlist.
Check my previous charts to understand few basic things that we have to see for price action based analysis. Happy learning & earning.
Thanks
Piyush Gupta
Same is very much highlighted from this AUROPHARMA chart where 850-855 acted as support multiple times and now acting as resistance multiple times.
Above 855, AUROPHARMA can move up. Keep on your watchlist.
Check my previous charts to understand few basic things that we have to see for price action based analysis. Happy learning & earning.
Thanks
Piyush Gupta
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
All studies for for learning purpose only.
These are not trade recommendations
Not responsible for any profit or loss
These are not trade recommendations
Not responsible for any profit or loss
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.