BHARAT JHUNJHUNWALA

Predicting a
Breakout
Successfully
KNOW THE MOVE BEFORE IT TAKES PLACE

WWW.PRORSI.COM
What is support & resistance?
The support and resistance (S&R) are specific price points on a chart
expected to attract the maximum amount of either buying or selling. The
support price is a price at which one can expect more buyers than
sellers. Likewise, the resistance price is a price at which one can expect
more sellers than buyers.
 Is there a way that will help us know
in advance whether the support or resistance
will stay or break so that we can
place ourselves accordingly?
4 ways to understand the strength of a support or
a resistance zone.
Understanding the move into the support/resistance zone.
Look into the higher time frame.
Use momentum indicators.
Use long-term ROC to rate the strength of the move.
 The Big Picture!
Look into the higher timeframe trends.
Using Momentum Indicators
Using ROC Crossover Zero Line
 www.prorsi.com

+91.9748173333

jhunjhunwala_b

Bharat Jhunjhunwala

infoatprorsi@gmail.com