What is a stock's resistance and support levels?
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In terms of price there can not be any specific price point to experience support and resistance, there are always small zones of price where supply and demand occurs and price take reaction so then they are called as support and resistance. Resistance price zone is a zone where stock price experience...
read more In terms of price there can not be any specific price point to experience support and resistance, there are always small zones of price where supply and demand occurs and price take reaction so then they are called as support and resistance. Resistance price zone is a zone where stock price experience aggressive selling. Support price zone is a zone where stock price experience aggressive buying. Simple tak-tik to marke support and resistance level is just mark U turns in chart and your levels/zones are ready. read less
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