Securing Hannav Ledger...
Securing Hannav Ledger...
Glossary
Support and resistance are price levels on a chart where a stock has historically tended to stop falling (support) or stop rising (resistance).
Price zones where a stock often bounces up from (support) or struggles to break above (resistance).
Used in technical analysis to identify potential entry/exit points; a broken resistance level often becomes a new support level, and vice versa.
A stock repeatedly bouncing off ₹450 suggests that level is acting as a support zone.
Price zones where a stock often bounces up from (support) or struggles to break above (resistance).
Support and Resistance helps you evaluate products, compare options, and make informed decisions aligned with goals, tax rules, and risk tolerance in the Indian financial system.