What are Support and Resistance?

[Vinoth Kumar]

Support – Buyers Zone, Resistance – Sellers Zone.

[Christopher]

Support is a price level below which the seller won’t wish to sell.

 

Resistance is a price level above which the buyer won’t wish to buy.

[Divya S]

Support is the buyer’s zone where the sellers doesn’t want sell the shares below is this price level.

Resistance is the seller’s Zone where the buyers doesn’t want to buy the shares above this price level.

[gorantla.vinod]

Support level is a level where the price tends to find support as it is going down

Resistance level is a level where the price tends to find resistance as it is going up

[vetrivel]

Support: prices should rise after touching is support(buyer zone)

Resistance:prices should fall after hitting resistance(seller zone)

[Author]

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