investorragnarok

Support & Resistance Game🤔

Long
NSE:ENIL   ENTERTAINMENT NETW
The game is simple the green line indicates supports and whenever this stock hits that level of 96-98 it sky rocket till 228 but why 228 because there is a resistance at that level which will bring that stock down and one more resistance is there which I didn't mark and that resistance is psychological resistance that will be around 200 level. NOW the most important thing which will protect your hard money is stop loss which will be 87-89 why not 90 becoz what if it breaks 96-98 level which is major support and bulls will try to give support to the stock and 90 is also a.good support so that's why sl will be 87-89.
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