Support and Resistance 

The support and resistance (S&R) are specific price points on a chart expected to attract the maximum amount of either buying or selling.

Support 

An area or “zone” on the chart with potential buying pressure to push the price higher.

Support Example

Resistance :

An area or “zone” on the chart with potential selling pressure to push the price lower.

Example

How to Draw Support and Resistance Lines on a Candlestick Chart?

Arrow

How to trade with support and resistance?

More Than 1000% returns: Multibagger stock