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Tag Archives: Resistance level

Technical Analysis-What is Support level and Resistance level?

As we have learnt earlier in the stock market technical analysis, that every chart contains peaks and troughs. They either make an upward trend or a downward trend characterized by ascending or descending (respectively) peaks and troughs. There are two determinants present in chart analysis of these peaks and troughs. They basically make the market trading (indices points) levels. Further …

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