im getting exactly, mam can u explain how to use this lvls for trading
No no they r not meant for trading they just to get out of trade
As many times if u had shorted then nifty try to return from support
similarly if u longed then it tries to come down from resistance
see today it moved freely till spot touched 4654
And now spot is hovering around this level
Now what should we do?
Better to get out
So these levels are meant for small traders who trade 1-2-3 lots that when a tough situation is coming
At this time only big players trade who shorted 100 lots in morning n covered almost 60 lots now and waitin for big move.
Mind it! this is the way how i trade, You are totally free to Mend it !!