Support Level

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New York Times  Aug 12  Comment 
Though candidates usually take more moderate positions in the general election, Mr. Trump continues to alienate certain groups, leaving him stagnant in the polls.
The Economic Times  Aug 12  Comment 
Total Put open interest of 55.91 lakh contracts stood at strike price 8,500, which will act as a crucial base for the market, followed by strike price 8,400.
Benzinga  Aug 11  Comment 
National polls have been showing an increasing support for Hillary Clinton. According to a model by FiveThirtyEight based on hundreds of surveys, Clinton boasts an 8-point lead over Trump. The State Level Until this week, state-level polls...
Benzinga  Aug 11  Comment 
$40.87 - Wednesday close $39.74 - Intraday high as of 10:18 PM $37.90 - Current price a of 10:18 PM $37.41 - Intraday low as of 10:18 PM $37.40 - July 12 low $36.72 - July 11 low If content like this is useful to...
The Economic Times  Aug 11  Comment 
Put options saw a drop in open interest, but an increase in the prices of the contracts showed shorts were getting covered by traders, except for weak stocks.


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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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