Support and Resistance
Today we will look at the basics which are required for an amateur TA finding Support and Resistance for a Index or Stock and what these levels tell us about potential future market moves.
The price of a financial instrument in the stock, futures markets is ultimately determined by supply and demand. Very simply, if demand is increasing in relation to supply then price will rise, and if demand is decreasing in relation to supply then price will fall.
Support
Support is the price level of a particular instrument …
Continue More »
The price of a financial instrument in the stock, futures markets is ultimately determined by supply and demand. Very simply, if demand is increasing in relation to supply then price will rise, and if demand is decreasing in relation to supply then price will fall.
Support
Support is the price level of a particular instrument …
Continue More »
posted by Bramesh at
4:54 PM
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