Support and resistance

Support and resistance levels are important points in time where the forces of supply and demand meet.

These support and resistance levels are seen by technical analysts as crucial when determining market psychology and supply and demand.

What is support?

Support is the level at which demand is strong enough to stop the stock from falling any further. The price drops and approaches support, buyers (demand) become more inclined to buy and sellers (supply) become less willing to sell.

What is Resistance?

Resistance is the level at which supply is strong enough to stop the stock from moving higher. The price rises and approaches resistance, sellers (supply) become more inclined to sell and buyers (demand) become less willing to buy.

How to find support & resistance in the share market?

Using the support & resistance feature in the Intradayscreener website, you can easily calculate and pick the right stock using the resistance and support indicator. You can find a particular stock’s support levels and resistance levels on different time frames, and levels of Adx, Vwap, Rsi, 20 ema, 100sma, 200sma.