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Tagged: Resistance, Supprot
support is the buyers zone where demand is greater than supply
resistance is the sellers zone where supply is greater than demand.
Support: buyers zone., demand> supply.
Resistance: sellers zone., supply > demand.
Support: It is a level below which price of stock has not fallen historically. Also mean a buyer zone.
resistance: It is a level beyond which price of the stock has not exceeded historically. Also mean a seller zone
Support- Is the immediate next zone below which the price is not expected to fall . Can be next level of initiating buying .
Resistance – Is the immediate next level above which price is not expected to move upward . Can be the level to initiate selling.
Support- The point below which the price is very difficult to fall and it can be also known as buyers area.
Resistance- The point above which the price is very difficult to rise and it is also known as sellers area.
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