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How to spot a resistance level or zone?

In technical analysis, resistance levels are spotted by studying past market data about price action. Traders and analysts look for levels or areas that have rejected the stock price or it has been problematic for prices to rise from there. It is also anticipated that there are sellers present near that level who prevent the price from moving further.

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What is technical analysis in the stock market? What is the difference between technical analysis and fundamental analysis?

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