Indian Stock Market Hot Tips & Picks in Shares of India - 2 new articles

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If Support is Respected Go & Buy : Stock Opportunity Identified

Here we are seeing the Varun Beverages Chart and the stock has respected support number of times. So, in such situations it is best to buy the stock when it bounces from the support. However, remember that again and again hitting the support makes the support weaker as it is like beating an iron rod time and again as finally it can breaks. So, you have to keep this caution in your mind while

Trend Acting as Resistance: Time to Sell - Stock Identified

Have a look at the adjacent chart and you will realise that how CAMS is reversing time and again after hitting the resistance line.Now, when it hits the resistance, you can straight away short the stock.However, make sure that when a stock hits the resistance multiple times, it becomes weak and stock can breakout above the resistance and thus one always has to trade with a stop loss. This caution