Share market & The art of money making

Identity the point of return (12)

 
When you are in equity market,idenfiy a set four shares and observe each shares price movements closedly.
Watch these price data for one month.From this data you may come across many ups and downs of the prices.Here I am not pointing the entry and exit prices. There must be a one particular price,at which the share comes down again and again and moves up to some level.
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For example a share's cmp is Rs 340 means it may come done Rs 280 or Rs 284 many times the share repeatedly comes to this two prices and turns back to some higher prices means these Rs 280 or Rs 282 are not the support level.These prices are 'point of return' prices.So identity this kind of prices for each shares and buy those shares when they come down to these respective levels.

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