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Posted By On 6/01/2007 07:02:00 PM
1.Stops and resistances are like rubber elastic bands with in which the stock keeps on trading until and unless one gets the breakout.

2.Follower of Stops and resistances can buy at support and sell at breakdown and can keep on earning till the time stock either breaks up or down from the trading range.

3.It is associated with psychology of human emotions thus it repeats itself.

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