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Support Becoming Resistance Theory !

Long
INDIAMART INTERMESH LTD (NSE:INDIAMART)  
headymuk  
NSE:INDIAMART   INDIAMART INTERMESH LTD
Trend Analysis Chart Patterns supportbecomeresistance volumes support Support and Resistance breakout resistancezones
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trendanalysis chartpattern supportbecomeresistance volumes support supportandresistance breakout resistancezones
Guys INDIAMART has been taking support at the drawn support zone which later turned into resistance zone. Stock took 2 bounce back from resistance line and now it is trying again. 7750 Is import level watch carefully for a breakout.
This theory of support turning into resistance is very famous and very useful. This chart is shared only for educational purpose , Feel free to share your feedback/queries.
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