Support And Resistance Flashcards
To study Support and Resistance (4 cards)
1
Q
What is Support in stock trading?
A
A price level where a stock tends to stop falling and starts rising.
2
Q
What is Resistance in stock trading?
A
A price level where a stock tends to stop rising and starts falling.
3
Q
How are Support and Resistance levels identified?
A
By analyzing past price movements and using technical charts.
4
Q
Example of support and resistance?
A
If price bounces from ₹100 → Support.
Falls from ₹150 repeatedly → Resistance.
