Support in stocks or indices is like a floor that stops the price from falling lower. It's a level where people often start buying because they think the stock or index is a good deal at that price. If the price reaches this level and holds, it suggests there's enough demand to keep it from dropping further.
What is Resistance In an Index or Stock ?
Resistance is like a ceiling that stops the price from rising higher. It's a level where people tend to sell because they think the stock or index is too expensive at that price. If the price reaches this level and can't go beyond it, it suggests there's not enough demand to push it higher.
What is WTB in stock or index?
If highest open interest or volume has a second highest number with 75% of 1st highest number in lower strike price in put side is call support is WTB and in call side resistance is WTB
What is WTT in stock or index?
If highest open interest or volume has a second highest number with 75% of 1st highest number in higher strike price in call side is called Resistance is wtb and in put side called support is WTT
