Skip to main content
Trading Terms

Support Line

A professor of finance would define a horizontal support level as a graphical representation of a price point where a downward trend has halted and the price has either stabilized or begun to rise. This line serves as a crucial indicator for investors, as it helps determine potential buying opportunities and potential resistance levels. As market trends are constantly shifting, it is imperative for investors to closely monitor these support levels to make informed investment decisions.

Related terms

Closed Trades

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

MORE
Bayes Decision Rule

Understand the meaning and definition of Bayes Decision Rule in the context of stock market, trading, and investments.

MORE
Applicant

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

MORE
Black Box

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

MORE
Signal Line

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

MORE

Open Free Demat Account!

Join our 3.8 Cr+ happy customers

+91
Explore other categories
Enjoy Zero Brokerage on Equity Delivery
10 Cr+DOWNLOADS

Enjoy Zero Brokerage On Stock Investments

Get the link to download the App

Scan this QR code to download the app
Get it on Google PlayDownload on the App Store

Open Free Demat Account!

Join our 3.8 Cr+ happy customers
+91