Am i correct guys ?
Is this the correct example of resistance in past becoming support levels ?
Yes, of course !! One Man’s ceiling is other Man’s floor !!
Interesting thing is that , like TCS , support & resistance line is common , in all 3 time fame’s & i assume like TCS , Pidiliteind price will break the ceiling
Pivot point = level where price is rebounding. Either taking support or getting resistance. 1297.90 is pivot point.