In technical analysis, is a value below which the market is relatively unlikely to fall. a. book value b. resistance level c. support level d. the Dow line

C)Support level

Explanation:

Technical analysis in domain of finance can be regarded as analysis methodology that is used to forecast the direction that a prices moves, and this is done by studying past market data, these data's are primarily data for price and volume. In technical analysis, the chart for support level can be made by drawing a line which move along the lowest lows for that particular time period under consideration. Support level can be regarded as the price level that stays and a particular

asset does not fall below this level for particular period of time.

It should be noted that In technical analysis, Support level is a value below which the market is relatively unlikely to fall.

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