Hello Friends,
We all know that resistance drags price down and support takes price up. But, when and how it happens, probably we don't know? Plotted is the unique indicator Rekhi 144 which shows everything.
I have taken HDFC Bank as an example and tried to answer first question as to how it happens? Hope every one of us will understand? But, for second question, how and when will it happen, I will post today itself more charts for you to understand the concept.
Please stay connected.
Disclaimer:
I am not a SEBI Registered Analyst and it is only for educational purposes.
Let you grow. May! I follow you.