TATAMOTORS 30 Min Levels (S/R)

4 сент.

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


Support Levels
Definition: Support levels are price points where the stock has historically had difficulty falling below, indicating strong buying interest.
Steps to Identify:
Look for Recent Lows: Examine recent 30-minute candles to identify the price points where the stock has recently bounced upward.
Draw Horizontal Lines: Place horizontal lines at these low points to mark potential support levels.
Check Multiple Lows: Confirm these levels by checking if the price has touched or approached these points multiple times.