MMTC Explanation of Trade Set Support & ResistanceHow to find targets in any stock ?
We all know that every stock is unique and
it moves in certain style/direction/traits
Targets are found via Support Resistance in any stock which has a historical data
For e.g. what will happen if price is at ATH and no resistance for its target SKY is the Limit refer Adani Ent Chart
An deep understanding of Support & Resistance
Set
Complete strategyThis is a momentum based strategy which generates signals when the price moves with momentum in either direction. This strategy works well on liquid stocks. Its not necessary to close the trade as soon as the close signal is generated and one can wait for the price to move in the direction as indicated by the prior signal unless price starts to go in the opposite direction. The best set up for a trader is his/her own set up and hence it is recommended to use this strategy with your set up/research.