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Support is the area where the buyers are strong enough to buy and prevent anymore fall in price (bottom) buyers become aggressive
resistance is the area where there are more sellers to sell the stock and prevent anymore rise in price (top) sellers become aggressive
Support – It is a demand zone where the buyers are aggressive.
Resistance – It is a supply zone where the sellers are aggressive.
<span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Support : is the area where buyers are strong enough to prevent the further fall. (Bottom region) -</span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>demand zone-</span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”> price wont fall below this level as buyers are more here to buy the stocks. (Demand is more) Buyers are aggressive</span><br style=”box-sizing: border-box; color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;” /><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>Resistance: is the area where sellers are strong enough to prevent the further rise. (top region)-</span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>supply zone-</span><span style=”color: #777777; font-family: ‘Roboto Slab’; font-size: 13px;”>price wont go above this level as sellers are more here to sell the stocks (Supply is more) Sellers are aggressive</span>
Support is the area where buyers are strong enough to prevent the further fall. (Bottom region)
Resistance is the area where sellers are strong enough to prevent the further rise. (top region)
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