1 Comment
  1. Naresh 2 years ago

    In response to your question

    Your Question 1 :: What is support and resistance?
    Support and resistance levels are important points in time where the forces of supply and demand meet. Support is the level at which demand is strong enough to stop the stock from falling any further Meanwhile resistance is the level at which supply is strong enough to stop the stock from moving higher but there is no assurance that the support or resistance will hold.
    If a stock breaks through resistance, the old resistance level may become a support level meanwhile If support is violated, then that same level can act as future resistance.

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