Support & Resistance – How Professionals Mark Levels

Most beginners draw support & resistance like horizontal lines randomly. But as a SEBI-registered analyst, I want you to understand the logic behind them. 🔹 Support – A price level where buying interest is strong enough to halt a downtrend 🔹 Resistance – A price level where selling pressure emerges, capping the uptrend 📌 How I Mark Levels (Professional Approach): Use Daily & Weekly Charts Avoid 5–15min timeframes for major levels Look for Confluence Multiple touches of a level = Higher reliability Volume Validation Support with high volume = Strong base Resistance with high volume = Strong barrier Round Numbers Rule: ₹100 / ₹500 / ₹1000 often act as psychological levels 🧠 Pro Insights: Breakout above resistance with volume = New support Breakdown below support with volume = Fresh supply zone Old resistance becomes new support after breakout — Role Reversal