For every trader/investor in the stock market , the first challenge is to identify the entry and exit levels, with a proper analysis of risk. 2nd challenge is executing the decisions , without being influenced by emotions while on trading screen , others opinions etc. Its true that buy right & sit tight approach is perfect . however , when one uses support and resistance for entry or exit , probability of higher returns become more pronounced. Timing is very important in stock market . there are many approaches to identify support and resistance based on technicals and others . two important approach to identify SUPPORT AND RESISTANCE are based on ma ( moving average ) and price action. Each have their own pros and cons. 1. Moving average Pros - mostly ma levels are obeyed by non volatile stocks under normal conditions Cons - not applicable in volatile stocks illustrations - Bajfinance for period 2017 to may 2019 The 50 ma on weekly cha
This blog will provide you swing Trading picks which has reward to risk ratio greater than 3. The swing trade will have predefined stop, and Targets.