Support Level

The Economic Times  10 hrs ago  Comment 
Market is likely to see a negative opening, but overall the session will to remain stable.
The Hindu Business Line  Apr 23  Comment 
Infosys (₹923.7)Infosys continued to trade lower last week but did not see a heavy sell-off. The stock traded in a narrow range between ₹912 and ₹934 last week. The price action in the coming weeks wi...
The Hindu Business Line  Apr 22  Comment 
The trade and industry has acceded to the call of the political parties for a statewide bandh on April 25. The call is to show their solidarity not only to the farmers demands but for impressing the n...
The Economic Times  Apr 22  Comment 
"The significant part of our economy today is, that there is perhaps for the first time, a huge amount of popular support as far as economic reforms are concerned," Jaitley said.
The Economic Times  Apr 21  Comment 
The index bought into the decline, forming a pattern similar to ‘Hammer’ on the daily chart.
The Economic Times  Apr 21  Comment 
So far markets have been pretty sanguine in the face of the (French) presidential election.
The Economic Times  Apr 20  Comment 
At least four multinationals ET spoke to said they follow clear diversity hiring guidelines in home markets in the US and Europe but they were hesitant to come on record.
Forbes  Apr 20  Comment 
On Thursday, Google announced an update to the Google Home that will allow the device to discern which member of a household is speaking to it, and offer personalized information based on who that individual is.
MarketWatch  Apr 20  Comment 
The dollar continued to climb against the yen Thursday afternoon after Treasury Secretary Steven Mnuchin affirmed that there’s bipartisan support for raising the U.S. debt ceiling, and that an extension would likely be approved by the summer.


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Support level

Support level is the price level, which, historically, a security has had difficulty falling below. Typically, the support level can be thought of as the level at which many buyers tend to enter a security. [1] Support levels are often used in technical analysis.

The original low price level becomes a support area because investors will believe that prices will again rise above that level. [2] This means the price is more likely to "bounce" off this level rather than break through it. However, once the price has passed this level, by an amount exceeding some noise, it is likely to continue dropping until it finds another support level. [1]

From 14c., from, bring up, up from under, portare "to carry." Sense of "that which supports" is from 1560s. [2]


  1. Wall Street words: an A to Z guide to investment terms for today's investor By David Logan Scott ISBN-10: 0618176519 pg367
  2. A Random Walk Down Wall Street: The Time-Tested Strategy for Successful Investing By Burton Gordon Malkiel ISBN-10: 0393062457 pg107
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