Browse

Support & Resistance

Popular Today
Popular Today
Popular All Time
Newest

Support & Resistance

Support & Resistance is one of the most used techniques in technical analysis based on a concept that's easy to understand but difficult to master. It identifies price levels where historically the price reacted either by reversing or at least by slowing down and prior price behavior at these levels can leave clues for future price behavior. There are many different ways to identify these levels and to apply them in trading. Support and Resistance levels can be identifiable turning points, areas of congestion or psychological levels (round numbers that traders attach significance to). The higher the timeframe, the more relevant the levels become.

Finding the most important ones can take many hours of practice. They exist due to an influx of buyers or sellers at key junctures. The fact that these levels flip roles between support and resistance can be used to determine the range of a market, trade reversals, bounces or breakouts. Each of these trades will have their own rules for entry and exit. TradingView has a smart drawing tool that allows users to visually identify these levels on a chart.
Einstein15 Einstein15 CEATLTD, 60,
CEATLTD: CEAT Breakout
53 1 3
CEATLTD, 60
CEAT Breakout

CEAT is in the reversal / breakdown zone. Been moving in range for a while,after a huge leg-up of 900 points. can be thought of as a flag, on higher timeframe

Einstein15 Einstein15 INDUSINDBK, 15,
INDUSINDBK: INDUSINDBK  Cup Breakout
21 2 1
INDUSINDBK, 15
INDUSINDBK Cup Breakout

INDUSINDBK, completed the cup, and is testing the neckline.

eamite eamite RELIANCE, D, Short
RELIANCE: Reliance - Headed Down
46 1 0
RELIANCE, D Short
Reliance - Headed Down

on the chart

eamite eamite ITC, D, Short
ITC: ITC-Not Buying
51 1 0
ITC, D Short
ITC-Not Buying

on the chart

himanshujain himanshujain AXISBANK, D,
AXISBANK: Axis Bank Sideways Range
19 0 2
AXISBANK, D
Axis Bank Sideways Range

Stock is trading in a Sideways zone from past from few months in a range of 480-530. We can use Option Straddle of Sept.

Einstein15 Einstein15 BAJAJFINSV, 15,
BAJAJFINSV: BAJAJFINSV Breakout
71 0 2
BAJAJFINSV, 15
BAJAJFINSV Breakout

BAJAJFINSV is in breakout Reversal Zone. A short term sup/resi line.

Einstein15 Einstein15 BAJAJ_AUTO, 60,
BAJAJ_AUTO: BAJAJAUTO Breakout
31 0 1
BAJAJ_AUTO, 60
BAJAJAUTO Breakout

BAJAJAUTO is in Reversal / Break Down zone. The long term median line acting as a good support/ resi, as price swings above and below it.

indian_stockss indian_stockss APTECHT, D,
APTECHT: Aptech Ltd - Daily Chart
42 1 3
APTECHT, D
Aptech Ltd - Daily Chart

Resistance band for Aptech is highlighted in the box, stock likely to outperform once level is crossed. There has been jump in volume for the stock in recent times.

rrajkumar86 rrajkumar86 HEXAWARE, 240,
HEXAWARE: HEXAWARE ???
54 0 4
HEXAWARE, 240
HEXAWARE ???

Forming Ascending Triangle, MACD crossover above "Zero" Line. Wait and enter on breakout

Einstein15 Einstein15 DHFL, 60,
DHFL: DHFL Breakout
146 0 3
DHFL, 60
DHFL Breakout

DHFL is in the breakout/reversal zone. Yellow neckline acting as a good median for a while. Its retesting the edge of the RIsing wedge that it broke down of before and bounced back after taking support from the base of the wedge

InsiderB InsiderB PRO IBULHSGFIN, 15, Short
IBULHSGFIN: IndiaBulls turning into Bears !
353 8 13
IBULHSGFIN, 15 Short
IndiaBulls turning into Bears !

If we cud have been earlier might have caught that flag breakout, well we missed it ! Not a prob, another setup in formation, lets see how that goes !

NeeteshJain NeeteshJain PRO NIFTY, 60, Long
NIFTY: NIFTY REACHED STRONG SUPPORT ZONE - KNOCKING BUYERS AGAIN
833 2 21
NIFTY, 60 Long
NIFTY REACHED STRONG SUPPORT ZONE - KNOCKING BUYERS AGAIN

It is been observed on the hourly and daily chart that the price action reached to the support zone of 9910-9920 which is indicating buyers coming back and shall bounce back from the current support zone. Once the support zone is intact and we don't see a close below it then it is indicating that buyers in control and shall pick up the markets again. Target 1 - ...

eamite eamite SBIN, 60,
SBIN: SBI Bank Channel
82 0 3
SBIN, 60
SBI Bank Channel

on the chart

Einstein15 Einstein15 TATASTEEL, 15,
TATASTEEL: TATASTEEL Breakout
100 0 1
TATASTEEL, 15
TATASTEEL Breakout

TATASTEEL is in the rising wedge , currently around the green support/resistance zone. Rising wedges usually falls down, lets see if it breakdown or goes up

NeeteshJain NeeteshJain PRO JETAIRWAYS, D, Long
JETAIRWAYS: JETAIRWAYS - FLYING TO NEW HIGHS
1022 8 28
JETAIRWAYS, D Long
JETAIRWAYS - FLYING TO NEW HIGHS

It is been observed that the price action breaks above the resistance zone of 610-620, which is now become a support levels for the further move up. Indicating buyers comeback after a short consolidation. Target 1: 650 Target 2: 660 Stoploss: 610

ParamjitMahapatro ParamjitMahapatro SHALPAINTS, W, Long
SHALPAINTS: shalimar paints looks bullish in emdium term.
32 0 4
SHALPAINTS, W Long
shalimar paints looks bullish in emdium term.

Its long term trend is up. In weekly, price bounced from the horizontal support. price reversed from the 61.8% retracement level. https://in.tradingview.com/x/i7zve8rg/ sl - below horizontal support - 180, tgt - 310.

DSKF16 DSKF16 INFY, 15, Long
INFY: INFY Intraday / Swing Levels  For Trade Date 21st - 23rd Aug '17
213 0 5
INFY, 15 Long
INFY Intraday / Swing Levels For Trade Date 21st - 23rd Aug '17

Investor's / Traders Query. Posted Intraday / Swing Levels For Trade Date 21st - 23rd Aug '17 Aggressive Traders Go LONG: If above @ 931 TARGET Plotted on Chart Go SHORT: If traded Below @ 915 TARGET Plotted on Chart. BEST Accumulation Level @ 908 - @ 895. FUTURE Levels: Phase - I RES: @ 931.7, @ 934.65 (S), @ 939.3 - @ 942.6 (TFZ / HZ #1), @ 951.5 SUP: @ ...

vanathi vanathi BANKNIFTY, 60,
BANKNIFTY: Bank Nifty - Weak!
247 2 8
BANKNIFTY, 60
Bank Nifty - Weak!

Old chart, new memories.... Just extended the resistance line!

123456...Show More Ideas
India
United States
United Kingdom
Deutschland
España
France
Italia
Polska
Brasil
Россия
Türkiye
Indonesia
Malaysia
日本
한국
Home Stock Screener Forex Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing Priority Support Ideas Published Followers Following Private Messages Chat Sign Out