Identifying Support & Resistance Like a Professional

📊 Support = Price level where buying interest is strong enough to stop price from falling. 📊 Resistance = Price level where selling pressure stops price from rising. ✅ Key Rules to Identify: Look for levels with multiple touchpoints (3+ times) Higher volume bounces/rejections strengthen the level Old resistance can become new support after breakout (and vice versa) 📌 Example: Stock hits ₹500 three times in 2 months but fails to close above → strong resistance. Once it breaks ₹500 with 2× volume → that level often acts as support. 🧠 S/R levels are the foundation of price action trading — without them, entries & exits become guesswork.