RupeshJain

RupeshJain

Based on the chart, here are some potential support and resistance levels: Support: 43.80, 40.00, 36.00 Resistance: 48.00, 52.00 The support level at 43.80 is the price where the stock bounced back up after a small dip earlier in the day. The 40.00 and 36.00 levels are horizontal lines that connect previous lows in the stock price. These levels may act as...

RupeshJain

A breakdown of the process: Identify Previous Price Levels: Look for areas on the chart where the price repeatedly bounced off a certain level (support) or struggled to break through a certain level (resistance). Mark these levels on the chart with horizontal lines. Draw Trendlines: Connect a series of higher lows to identify an upward trendline (acting as...