Breaching meaning?

What does *** has breached 3months low?? Or ****has breached support level 3. Can u clarify?? For me in detail

It is the price going below the support level or crossing over the resistance point.

1 Like

That means the stock price will go below the price for which we bought??

Yes it is.Think breaching in terms of a flood.During floods the water level usually breaches maximum level of the dams.

Thank you! Sudheer bhayya. For explaining it in a simple way :heart_eyes::+1:

Here, this means that the stock has fallen below the lowest price at which it traded in the last 3 months.

Its clean and clear!!! Thank you BharatW :+1::heart_eyes:

1 Like

What is source of limit (credit) in limits of the trading account? Can u explain