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What is Resistance and Support in stock market .

Satish Kumar Pandey

29 Mar 0 0

Resistance:

Definition: Resistance is a price level where an upward trend may pause or reverse, as selling pressure increases. It acts as a "ceiling" that prevents the price from rising further.

Support:

Definition: Support is a price level where a downward trend can pause or reverse, as demand for the stock (buying pressure) increases. It is seen as a "floor" that prevents the price from falling further.

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