Support Level

The Hindu Business Line  10 hrs ago  Comment 
Amazon is putting up ‘Seller Cafes’ in 24 locations across the country to onboard new sellers and to address queries and issues of existing merchants in the run-up to the festival season sale in Octo...
The Hindu Business Line  11 hrs ago  Comment 
Small cardamom prices edged up last week on strong demand amid squeezed supply at auctions held in Kerala and Tamil Nadu. At the auction today in Bodi conducted by Cardamom Planters’ Association, Sa...
New York Times  Sep 19  Comment 
The Pew Research Center found that 81 percent of Indians had a favorable view of Mr. Modi, despite stalled economic reforms and social tensions.
SeekingAlpha  Sep 19  Comment 
The Economic Times  Sep 19  Comment 
Union power ministry has proposed to extend the free connections scheme to all in line with the Centre’s goal to achieve 24x7 power for all by March 2019.
The Hindu Business Line  Sep 18  Comment 
Tata Steel (₹359.05)Tata Steel plummeted 9 per cent last week. However, the stock has support between ₹355 and ₹345 which may halt its fall. Though a test of this support zone is possible this week, a...
The Hindu Business Line  Sep 18  Comment 
ITC (₹260.4)As expected, ITC fell to test the support at ₹250 and reversed sharply from there last week. A rise to test the resistance at ₹267 looks likely in the coming week. If the stock manages to ...
The Hindu Business Line  Sep 17  Comment 
Signalling a rapprochement, Uttar Pradesh Chief Minister Akhilesh Yadav today said he will extend all support to his uncle Shivpal, with whom he was locked in a bitter turf war that spilled out into ...
Forbes  Sep 16  Comment 
How can educational technology better support underserved students? This question was originally answered on Quora by Vielka Hoy.


Related Articles


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
Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki