Support and resistance levels are very critical to not only trading in the market but also for investments. So let’s calculate the support and resistance levels.
What is no-trade zone, and how can a retail trader calculate the target levels based on stop loss, support, and resistance. Understand with a live example of Marico India.
A pivot point is a simple average of the high, low and closing prices of the previous trading period. There are many commonly accepted pivot point calculation formulas.