RELIANCE 30 min (S/R)

4 сент.

# we mark Support and Resistance on the charts so you can check..

Support Levels: These are prices at which the asset has historically had difficulty falling below. On a 30-minute chart, support levels are identified by looking for areas where the price has repeatedly bounced back up. You can draw horizontal lines at these price points or use technical indicators like trendlines or moving averages to help identify them.

Resistance Levels: These are prices at which the asset has historically had difficulty rising above. On a 30-minute chart, resistance levels are found by identifying areas where the price has repeatedly failed to move higher. Similar to support levels, you can use horizontal lines, trendlines, or moving averages to spot these levels.