UrbanPro
true

Learn Stock Market Investing from the Best Tutors

  • Affordable fees
  • 1-1 or Group class
  • Flexible Timings
  • Verified Tutors

Search in

Psychological Support Resistance

Kuldeep Gohel
01/04/2020 0 0

Hello Friends,
My topic is about psychological supports and Resistance in the price of securities or index.
 
As you know that per round figure price, there is psychological support or Resistance available in price to perform according to a respective action.
Round Numbers are like:
10, 20, 30, 40, 50, 60, 70,80, 90, 100, 110,......n
Here n= further 10 multipliers,
So,
As we will notice, if those types of price come to consideration, it will take support on certain round numbers without any other logic.
 
Like nifty = 12000 , 11000, 10,000 are main psychological resistance,.
 
And 8000, 7000, 6000 are psychological supports...  
 
So, from those levels, nifty would be acted so well in bullish as well as the bearish market.
 
More details are being given in my class.
Thank You!

0 Dislike
Follow 2

Please Enter a comment

Submit

Other Lessons for You

Why Stock Market?
“Stock market is like gambling; too risky and unnecessary for middle-class people like us” - this is what I was made to understand till 1st June 2009. Sitting at a cash counter of ICICI Bank...

Stocks to watch for Week Jul-06, 2020
BATAINDIA: (CMP: 1298) Bullish The price at lower channel support. The daily RSI is also taking help @ 40 levels. Targets 1350/1400/1425 SL @1365. ONGC: (CMP: 82.40) Bullish Targets 90/91 Sl @78 ...
N

Ninad Deshmukh

0 0
0

BankNifty Update for Jul-13,2020
Banknifty did all our targets below 22700 (22500 & 22350). Low made was 22320. The daily chart shows Banknifty is taking support @ the lower line of the wedge. So tomorrow will make or break for...
N

Ninad Deshmukh

0 0
0

What makes more profits and lesser losses? Buying of options or selling of options?
People think there are two types of trends; Up-trend and down-trend. And the biggest trade mistake is committed to this wrong concept. In fact, there are not two but three trends: 1. Up Trend 2. Down...

BankNifty Update for Jun-23, 2020
Banknifty achieved our second swing target of 21800 (Post-dated Jun-16 - Update for Jun-17). It made top @ 22078 and reversed back sharply to 21600 levels closing @ 21708. The daily chart still shows...
N

Ninad Deshmukh

0 0
0

Looking for Stock Market Investing classes?

Learn from Best Tutors on UrbanPro.

Are you a Tutor or Training Institute?

Join UrbanPro Today to find students near you
X

Looking for Stock Market Investing Classes?

The best tutors for Stock Market Investing Classes are on UrbanPro

  • Select the best Tutor
  • Book & Attend a Free Demo
  • Pay and start Learning

Learn Stock Market Investing with the Best Tutors

The best Tutors for Stock Market Investing Classes are on UrbanPro

This website uses cookies

We use cookies to improve user experience. Choose what cookies you allow us to use. You can read more about our Cookie Policy in our Privacy Policy

Accept All
Decline All

UrbanPro.com is India's largest network of most trusted tutors and institutes. Over 55 lakh students rely on UrbanPro.com, to fulfill their learning requirements across 1,000+ categories. Using UrbanPro.com, parents, and students can compare multiple Tutors and Institutes and choose the one that best suits their requirements. More than 7.5 lakh verified Tutors and Institutes are helping millions of students every day and growing their tutoring business on UrbanPro.com. Whether you are looking for a tutor to learn mathematics, a German language trainer to brush up your German language skills or an institute to upgrade your IT skills, we have got the best selection of Tutors and Training Institutes for you. Read more