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Trading with Groww on Instagram: "📈 Bollinger Bands Explained Bollinger Bands = 3 lines: • Middle Band → 20 SMA • Upper & Lower Bands → Show volatility Tight bands = low volatility, wide bands = high volatility 🔥 Strategy 1: Bollinger Squeeze When the bands become very tight, a big move is coming. Trade in the direction of the breakout with volume confirmation. 🔥 Strategy 2: Band Bounce (Only in a Range!) In a sideways market, price often bounces between the bands. Buy near the lower band, se
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