Support and Resistance Using Supertrend in all ATRs
We can use Supertrend to find the support and resistance of any stock or index . We will be using 6 supertrends to do this .
1) Period 2 , Multiplier 1.5
2) Period 2 , Multiplier 4.5
3) Period 2 , Multiplier 7.5
4) Period 2, Multiplier 10.5
5) Period 2, Multiplier...
1st breakout already happened and it has sustained it. No in this month it has tried to break the next level but failed and coming down to check the support level of 17.
And if it gets the support from 17 then in next month we can see a good move in this stock.
Once can enter from this current level as well another safe entry point will be from...