Support and resistance malayalam Part 2 – Gaps | Share market malayalam #sharemm

Support and resistance malayalam Part 2 – Gaps | Share market malayalam #sharemm


Intro In last video we talked about support and resistance Those who didnt watch, can check in my channel videos and watch it first In that we mainly talked about horizontal support and resistance Support and resistance can be previous swing low or swing high second is gaps fibonacci points trendlines dynamic supoorts like moving averages can also act as support or resistance You can check moving average video in our channel which i done before Today we are going to talk about gaps or emotional points in charts important fundamental changes cause gaps in chart Eg : a good result came after market can result in a gap up opening A bad news causes stock to open gap down There will be a gap between todays closing price and tomorrows opening price Gaps can be seen in daily , weekly and monthly charts gaps in higher time frames are more significant In daily chart we can see gaps very frequently Some low volume stocks often forms gaps in chart which we can avoid. there are many types of gaps like Common Gaps, Breakaway Gaps , runaway gap , Exhaustion Gaps But here we are looking at how a gap acts as support and resistance only other things can be discussed in another video Now we are gonna check it in some charts Both starting point and end point of a chart can act as support or resistance as said in previous videos once resistance broken it acts as support some time price comes near and reverse, need not touch resistance more touches or approaches and reversal at a point, resistance become more significant You can find more examples like this in charts The reason to act gaps as resistance or support is the trapped buyers or sellers activity near gap Their buy or sell causes price to reverse one its fully absorbed price breakout Please like comment share and subscribe Will check more in coming videos Thanks for watching

23 comments

  1. സപ്പോർട്ട് ആൻഡ് റസിസ്റ്റൻസ് നെ കുറിച്ച് ഇത്തിരി ഐഡിയ നേരത്തെ കിട്ടി..ഗ്യാപ്‌സ് 👌👌👌

  2. നല്ല വീഡിയോ…പക്ഷെ ഇത് നമുക്ക് പറ്റിയ പണി അല്ല എന്ന് മനസ്സിലായി

  3. Sir, while selecting gap range which is to be select, candle low and high ,or candle close and open?

  4. Gap for cheyyumpol palappozhum kelkarund, gap fill cheyyumenu..namuk gap filling nadakkumpo illayo ennu manassilakan sadikkumo?

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