About this image :-
In this chart we make a support and nifty is on the recent support and than now what happen in nifty chart today we talk about in this post. Welcome to this post now keep learning and careful learning.
What is recent support :-
The support which is form recent and before some time form that is called recent support. The recent support is simply meaning by very near support in this time. The recent support is help in our trading.
How to work recent support in trading :-
The recent support work on the basic on simple support and also its behaves like normal support. The recent support work is only identify market and we can easily identify our market is bullish or bearish and its help in trading.
Why nifty reached recent support :-
Nifty are falling in this time and in the falling time nifty suddenly reached recent support. When any price is reached recent support than if price is action is bullish than we can buy or price action is bearish than we can sell and also remember don’t trade in first breakout.
Why don’t trade in first breakout :-
If you are doing trading than you can realize some time market give signal in bullish and suddenly fall market. If you trade on first breakout than may be you need to booked loss so that’s why we are telling don’t trade in the first breakout.
When we can buy any stock :-
If you know price action than when the price action is form than you can buy. Otherwise if you don’t know what is price action than you star learning price action and now if you want to buy than first choose those stock which move more than 10 % and you can buy these stock when market fall.
What is the right options when the market fall :-
The right options is when the market fall first to first you keep patience and don’t sell any holding stock when the market are falling and try to add stock in your holding and focus those stock which move every week more than 10%. This is the right options when the market are falling.
How to plan in this situation :-
Now the situation is focus on stocks and also last day was very good day for buy your good stocks because last market fall buy now also you can focus on your good stocks if there any price action is form than you can buy otherwise you can wait for falling market may be again big fall are coming after some time.
Learning of this post :-
There are lots of learning in this post like that the first learning is you have to learn what is recent post and also you have to know what is use of recent support and than you can learn some price action and than also you need to learn when you can buy any stock and than you must have to know why don’t trade in first breakout. These are some things for learning of this post.
