Technicals

Support

This is often seen as a temporary level of support for a security. In the world of finance, we often come across the term "resistance level". This refers to a price level at which declining prices come to a halt and either stay stagnant or start rising. This happens when there is enough demand to counteract the falling prices. Essentially, it acts as a temporary support for a security. Understanding resistance levels is crucial for making informed investment decisions.

Related terms

Swing index

Understand the meaning and definition of Swing index in the context of stock market, trading, and investments.

MORE
Characteristic line

Understand the meaning and definition of Characteristic line in the context of stock market, trading, and investments.

MORE
Upside Volume

Understand the meaning and definition of Upside Volume in the context of stock market, trading, and investments.

MORE
Charts

Understand the meaning and definition of Charts in the context of stock market, trading, and investments.

MORE
Quant

Understand the meaning and definition of Quant in the context of stock market, trading, and investments.

MORE
Open Free Demat Account!

Join our 3.5 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
4.4 Cr+DOWNLOADS
Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Get it on Google PlayDownload on the App Store
Open Free Demat Account!
Join our 3.5 Cr+ happy customers