Four Future Derivatives for trading with Resistance and Support
Please note -
Following F&O shares can be used for intraday.
There is no guarantee that following parameters and factors will work in all market conditions and will achieve targets so we advice to do Paper Trading Practice and gain experience and market knowledge before actual starting trading with money.
How to Trade on following Resistance and Support
Resistance and Support are considered very crucial for trading.
After breaking either Resistance or Support the stock price is expected to move in that direction.
For example - After breaking Resistance, the stock price is expected to move in
And after breaking Support, the stock price is expected to move in
Please dont proceed for trading without following these techniques
How to take profit after breaking Resistance and Support?
In day trading/Intraday trading, profits are booked in few hours so traders need to look for low profits.
Very Important - To be successful in day trading, take low profits and do daily trading.
Techniques - Trader has to follow certain techniques, to trade on following Resistance and Support levels. to know the techniques please visit at -
Techniques for day trading
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Earning money in share maket requires appropriate knowledge and experience, so it is highly advisable to gain adequate knowledge before start trading and investing in share market.