How to Find Resistance and Support? Help Needed

Hello Everyone,
I am not too old in this share market... I have just finished a book on tech analysis. Before trying it in the live market I wanted to do some paper trading. The prob is altough i hav understood the method expained in the book but not the simple thing that how to find resistance and support line. What would be the length of line(in days / weeks [while using weekly charts]).

Hoping for some help from the masters....

very simple... simply open marketbhavshya.com ..... open pivot calculater and calculate.

tnx for your reply...
but the info'n you gave is already known to me except the pivot or 3-5-7 concept.

Actually what i knw or what u gave me is very theoritical... whenever I see a chart, I can never mark the lines...

It would be helpful if you can explain following things...

1) What is 3-5-7 concept.
2) If using weekly chart, till how many weeks back I should look for the lows?
3) Some good article or video which can teach this thing step by step

tnx in advance

Have you read the tutorial at http://stockcharts.com/school/doku.php?id=chart_school:chart_analysis:support_and_resistan

Hello!!! This is an ENGLISH language forum!

This is an English language discussion forum and I aim to keep it that way. No offence to you or to the Hindi language.

Tnx every1 for the replies..

But the link still have only theo. knowledge...

It wld b helpful if you can answer this.
In a weekly chart, how many weeks shd i consider to find S&R?
Same ques for daily charts also, how many days in S&R.

Considering the fact that the stock is neither uptread nor downtrend in recent past, say 1 month..

I thought its forum for discussion of Indian stocks but Traderji seems to changed it as ENGLISH LANGUAGE DISCUSSION FORUMS No offence indeed!

There is no hard coded or golden rules in sphere of Technical analysis, so find one which suits your style and works well for you and just forget about rest

Hi Mendi,

Study some stocks which are in a down trend and watch those levels where the price has reversed from down to up. Study the volume in these areas. Then go to a next example. In the same way, study stocks which fall from a particular level ie resistance.You will have a good idea of whats happening.

s s