Stocks or options is a Support and Resistance Play?


While Trading options observed more than Bulls & Bears it is a support and Resistance play and needs lot of patience to identify support & resistance levels

@nithin: Whats your view?

I think as you are scalper, you make many S&R levels or change the levels constantly, almost for each trade. Also, I think the longer the time frame and the fewer the trades, the lesser the need of such levels.

hmm… didn’t really understand what you need my view on. But yeah, patience is the most important skill set needed for an active trader.

We shared this sometime back