Support Level

TechCrunch  Oct 20  Comment 
 If you’re hoping to provide home care for a sick or elderly family member, startup CareZapp is building a technology platform to help. The company just took the stage as part of the Startup Battlefield at Disrupt Europe. Co-founder and CEO...
The Hindu Business Line  Oct 20  Comment 
If soya oil futures close below 31.50 cents, then CPO could plunge
Market Intelligence Center  Oct 20  Comment's patented option-trade picking algorithm found a pair of trade ideas on iShares Silver Trust (SLV) today after it traded between between $16.52 and $16.66 before closing at $16.58 on Friday. For more conservative...
Market Intelligence Center  Oct 20  Comment 
The patented option-trade picking algorithms that power's Artificial Intelligence Center have selected a covered-call trade on Largecap Dividend Wisdomtree (DLN) that includes 1.17% downside protection. Sell one...
Market Intelligence Center  Oct 20  Comment 
Dominion Resources Inc. (D) is a good candidate for a covered call at the $67.50 level. The Jan. '15 call at that price should fetch a credit of about $2.80, which means the entire position has a net debit of about $65.93. This trade has 3.24%...
The Economic Times  Oct 20  Comment 
Also, we need help on taxation because in the kind of vehicles we produce, the sitting capacities are between 7 seats and 13 seats mainly.
The Hindu Business Line  Oct 20  Comment 
AIADMK supremo J Jayalalithaa has thanked Union Minister Maneka Gandhi for her “heartwarming missive” in the wake of her sentencing in a graft case and actor Rajnikanth for his “gracious sentim...
New York Times  Oct 20  Comment 
Colorful sticky notes adorn a wall in Hong Kong expressing support for the democracy demonstrators of Occupy Central, echoing the Lennon Wall in Prague, which has responded with its own messages.
Commodity Online  Oct 20  Comment 
Milan Shah, agri research analyst at Commodity Online, said Cardamom is bearish for both short term and intra day. Support for short term is seen at 790 and resistance 870.


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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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