technical analysis for beginners | scalping day trading strategy #stockmarket #nifty #cryptotrading

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Trading chart analysis involves studying price movements to identify key support and resistance levels. Support is a price level where demand tends to prevent further decline, often acting as a floor. Resistance is a level where selling pressure tends to cap price increases, acting as a ceiling. Traders use these levels to make informed decisions about entry, exit, and stop-loss points, as they often indicate potential trend reversals or continuation patterns.

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