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Congestion zone is the area between resistance level and support level. Resistance level is the price at which stock trade but not exceed for a certain period of time may be because the number of sellers at that point outnumber the buyers to restrict the upward movement in the price. Whereas the Support level is the lowest price for that stock below which it has difficulty moving.

If the price for the stock moves out of that congestion zone then there are chances of it moving in that direction for a while. That helps making buy or sell decision

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15y ago

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Related Questions

What zone is Buckingham Palace in?

The Congestion Zone!


How do we find out which places fall under the congestion zone?

You can find out which places fall under the congestion zone by visiting the government website Transport in London and going into the congestion charging section.


Is post code SW1V 4EA in the London congestion charge?

yes its pimlico in the congestion charge zone


Is tower bridge in congestion zone?

Yes, Tower Bridge is located within London's congestion charge zone. The congestion charge applies to vehicles driving in the zone during specific hours on weekdays. Drivers should be aware of this charge to avoid fines while navigating through the area.


Is the earls court area part of the congestion charge zone?

Yes, Earls Court falls within the Congestion Charge zone in London. The zone operates on weekdays between 7 am to 10 pm. Vehicles driving within the zone during these hours are subject to the charge.


How big is the London congestion zone?

The London Congestion Charge Zone covers approximately 21 square kilometers (about 8 square miles) in central London. It was introduced to reduce traffic congestion and improve air quality. The zone typically operates from 7:00 AM to 10:00 PM on weekdays, and vehicles entering the area during these hours are subject to a daily charge. Additionally, the zone boundaries may vary slightly over time due to policy changes.


How much is London congestion charge?

The London Congestion Charge is currently £8 if paid on the day and £10 if paid the following day of entering the zone. The zone runs from 7am to 6pm Monday to Friday excluding bank holidays. If you forget to pay or don't realise you are in the zone then you may be fined £120 which is reduced to £60 if paid within 14 days. For more information about the London Congestion Charge, to check whether you are in the zone and to stop you forgetting to pay, check out http://www.nocongestionchargefines.co.UK/london_congestion_charge.jsp


What does the abbreviation CC London stand for?

The only suggestion for this abbreviation would be the Congestion Charge London. The congestion charge is liable to be paid on all vehicles entering the charging zone within Central London.


What are the specific London zones where the congestion charge is applicable?

The congestion charge in London applies to vehicles driving within Zone 1 of the city, which includes areas like the West End, the City of London, and parts of Southwark and Westminster.


What are the current regulations for entering the London congestion charge zone?

To enter the London congestion charge zone, vehicles must pay a fee of 15 per day, Monday to Friday, between 7:00 am and 10:00 pm. Some vehicles, such as electric cars and certain hybrids, are exempt from the charge. It is important to check the Transport for London website for the most up-to-date information on regulations.


What are the timings for congestion charge-what time does it start and what time does it finish?

The congestion charge in London operates from 7:00 AM to 10:00 PM, Monday to Friday, excluding public holidays. During these hours, vehicles entering the congestion charge zone are required to pay a fee. It's important to check for any updates or changes, as specific dates or circumstances may affect these timings.


Do you pay congestion in camden town?

Yes, Camden Town is part of the London Congestion Charge zone. Drivers entering this area during the chargeable hours must pay a fee to reduce traffic congestion. The charge typically applies from 7:00 AM to 10:00 PM, Monday to Friday, excluding public holidays. Always check for the latest information, as regulations may change.