How To Find Support and Resistance

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  #1  
Old 29th December 2007, 06:28 PM
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Atuldev is on a distinguished road
Default How To Find Support and Resistance



dear friends,
can any one tell me how to find daily support and resistance for any stock or nifty..
thankyou

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  #2  
Old 29th December 2007, 07:27 PM
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Default Re: How To Find Support and Resistance

please refer to some technical analysis books and software loaded with data and study candlestick charting too...play with software and keep reading books..this will give you solid foundation.

only support and resistance is not going to work...few other factors too required to guage market.

don't mistaken my suggestion ...what i said is going to solve lot of your requirements in the long run...remember. stock market will not end.

regards
suba

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  #3  
Old 29th December 2007, 07:40 PM
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leo_3455 is on a distinguished road
Default Re: How To Find Support and Resistance

Hi

Here is a simple tool you can use to calculate the Support and Resistance. Hope this helps.

Attached Files
File Type: zip PivotCalculator.zip (16.6 KB, 80 views)
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  #4  
Old 30th December 2007, 10:44 AM
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Atuldev is on a distinguished road
Default Re: How To Find Support and Resistance

Suba thanks for ur suggestion, could u pls suggest me any software thru which i can study and what r the other factors thru which i have to know while trading..
thanks

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  #5  
Old 30th December 2007, 10:47 AM
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Default Re: How To Find Support and Resistance

Leo thankyou for the tool, i have just downloaded. I`ll try it 2morrow and let u know how it works

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