Articles - Technical Analysis
Support & Resistance: Understand in Detail
If someone were to tell you that the future prices of the securities or assets can be predicted, wouldn’t life be much easier? This is where the concept of Support and Resistance comes in. In laymen’s terms Support is the area beyond which the price does not fall & Resistance is the exact opposite, that is, the price doesn’t cross this ceiling. These price barriers are formed due to higher levels of buying & selling near the Support and Resistance.




