What is support & resistance in the market?

Podcast Duration: 05:23
Namaskar doston. Angel One ke is podcast me aapka swagat hai.

Aaj hum technical analysis keone of the most discussed topic par baat karne waale hain. Doston stocks ke prices upar aur neeche toh move karte rehte hain, par kya is movement me koi patters hote hain? What can we understand about a stock or a company by looking at it’s price charts?

Doston aaj hum support aur resistance ke concepts discuss karne waale hain. Inko samajhne ke baad aap stock market mein naye deductions aur predictions kar payenge. Toh sunte rahiye dhyaan se.

Pehle baat karte hain support ki. Toh doston, support basically refers to a level of price, jahan par downtrend ke rukne ki sambhavna hai, because of supply and demand concentration.

Agar aap intuitively isko samajhne ki koshish karenge, to it will be much easier. Doston agar kisi stock ki prices downward move karti hain, toh uski demand badhegi, hai ki nahi? Price kam hone ke kaaran demand increase hoti hai - this is what forms the support line.

Resistance is basically the opposite of support. Resistance refers to a level of price jiske beyond an uptrend cannot continue. And as expected, prices ek level ke baad increase hone par, the demand for a supply goes down. And this is what forms the resistance line.

Lekin dost, kya fayda hai ye sab jaanne ka? Iske pehle ye jaan lete hain, ki support aur resistance levels identify kaise kiye jaate hain.

Toh doston, first of all, peaks aur troughs ki definition clarify kar lete hain: on a price chart, peaks are the highest points and troughs are the lowest points.

Ab dost, kisi stock ke price levels constant toh rehte nahi, hai na? Isliye, support aur resistance levels usually trendlines ko use karke aasani se dekha jaa sakta hai.

Support level dekhne ke liye, kisi moving average chart par sabse pehle aapko ek uptrend dekhna hai. Iske baad, us uptrend ki troughs ko jodte hue ek line bana dijiye. This is roughly the support that the security gets along an uptrend.

Resistance ke liye, similarly, aapko ek downtrend spot karna hai. Uske baad, us downtrend ke along aapko sabhi peaks ko ek line se jodna hai.

This is roughly the resistance that the security faces along a downtrend. Hai na ye concept simple?

Lekin ek support aur resistance zone kitna significant hai, aur ispar aapko apne trading decisions kis extent tak base karna chahiye, that is still not clear. Doston, is is exactly for this reason, that support and resistance levels are characterised by significance levels. Ek support ya resistance zone kitna significant hai, isko samajhne ke liye, let's look into further detail.

Pehla factor, jo support aur resistance levels ka significance determine karta hai, is the number of touches. Jitni zyada baar ek security ki prices support ya resistance levels ko touch karti hain, support ya resistance levels utne hi zyada significant hote hain.

Iske peeche ek simple reason hai: if the support levels are significant, then sabhi traders us level ke basis par apne trading decisions lenge.

Next factor that determines significance is volume - yani ki, ek support ya resistance level par kitni volume trade ki jaa rahi hai. Jitni zyada volume utna hi strong resistance ya support.

And more importantly, agar kisi level par high volumes trade hue hain, toh investors will remember that, making the support or resistance more significant.

And friends, the last factor that determines significance of support or resistance is time. Jo levels kaafi time se established hain, woh zyada significant hote hain, compared to a new trend. Theek hai na doston?

Now that you know how to determine support and resistance levels, lets see ki aap inko trading mein kaise use kar sakte ho.

Doston sabse pehle toh aapko support aur resistance levels ko signifiacnce ke basis par differentiate karna seekhna padega.

Agar aap kisi stock ko purchase price se higher price point par sell karne ja rahe ho, toh aapko resistance levels consider karna hain. Similarly, agar aap shorting ke liye opt karte ho, toh aapko support levels dekhne hain.

Agar aap long term ke liye stocks hold kar rahe ho, toh ususally aapko major support aur resistance levels consider karna hain. Let’s see how this works.

For example, aapne kisi company ke stocks purchase kiye hain aur aap long term ke liye hold karne wale hain.

Aise case mein aapko major resistance levels examine karna hain. Once you notice that aapke stocks ki prices ek point ke beyond upward move nahi karti hain, then you can sell when the price nears the resistance levels next time.

Swing trading mein minor support and resistance levels can help you make short term strategy decisions.

Doston support and resistance level ke concept ko samajhna is one of the first steps towards technical analysis. Technical analysis is the key to navigating the stock markets in the age of AI and machine learning. Toh doston, aaj ke podcast me itna hi.

एंजेल वन की तरफ से आपको अलविदा. ये podcast शेयर करना ना भूलियेगा - याद रखियेगा की ज्ञान बाटने से बढ़ता है । और फिर अंत में तोह financial markets एक ऐसी university है जिसमे कोई professor नहीं, सब students ही है ।