IPCA Lab Short IntradayIPCA is weak with volume. On critical price junction. We will wait for breakout for intraday shorts.
Trade Signal is 1503.4. Stock has taken support at this exact level multiple time.
Once break 1500 stock is weak and short trade get confirmation. We can keep target 1585-80
Once stock goes to 1590 we move our SL to 1501.
All levels are mentioned in stock.
Fno
Range breakout signal plus confirmation is observedExtraodrinary shake out candle and raising prices indicates
1. Range resistance line as first target
2. futher targets drawn may also achieved after supply absorption at range top
long consolidation already removed maximum supply at these levels
shakeout candle tested supply at bottom comfortably
sector support gives addtional confirmation
CRUDOILE IMPORANT LEVEL FOR COMING SESSION 24-05-2024We can see selling pressure on chart on crudeoil. AS it has broken Head n Shoulder pattern also major support line. Now Fibonacci level crucial support and Gann Fann line could act as reversal point for coming session. Till Any news can drive it up strongly.
Play Safe :)
📈 Exciting Bullish Pattern Alert! 🐂📊 Pattern: Rising Channel
📌 Symbol/Asset: Power Grid Corporation
🔍 Description: Stock is on daily strong support and the Probability of bounce back is high.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
My big loss 2,18,000/- IN EXPIRY 13-4 Stoploss Vs. Account closeLearning topic : Learn from your loss
Be flexible in market movement do not attach to one setup only, Always take seriously your stoploss do not ignore your loss target.
If your back testing movement is accurate for 70% then also real market movement can wipe your 30% and you can have a big loss which will make your funds to 00.
When such situation comes where you make your funds 00, after that take gap for atleast 4-6 weeks to gain confidence as without stable mind you cannot trade properly.
Nifty 50 Falling WedgeNSE:NIFTY
Entry - 17900+ (White Ray)
Stop Loss - 17650 (Red Ray)
Target 1 - 18200 (Green Ray)
Target 2 - 18475 (Green Ray)
Target 3 - 18700 (Green Ray)
NIfty 50 has been forming a Falling Wedge in a daily time-frame. The volumes have been comparatively high which means that a good base has been formed. The FIIs are oversold and stand at around 19% long position. So there is a high chance of FIIs getting back to buying.
Chart
There was a false breakout on 24th January (Blue arrow). Which caused a very fast sell off and also there were news triggers to cause the sell off.
Today i.e. 9/2/2023 would be crucial for NIfty. A breakout could help Nifty go higher and the bulls would take control. High risk entry would be immediately after the breakout. A less risk entry would be at a re-test of the wedge.
JUBLFOOD Next Down Move started ????Chart looks Prudent for yet another down move !!!
This is in continuation of the idea posted about jublfood few days back...Refer to it... I have attached below the link to it.(under related ideas)
Target and SL levels (dashed lines) mentioned in chart.
Be cautious if it breaks above the resistance line(thin red trend line) of the descending channel down side.
Let's wait and watch!!!
Note - just sharing my view....not a tip nor advice!!!
Good opportunity in ntpc for intraday swing trade50 ema on 15 minutes chart of ntpc, is acting as a resistance But in last trading session it closed above the 50 ema. If it sustains above 50 ema, a rally till 175 /180 can be expected.
180 holds highest call oi and 175 holds second highest call oi in 24th nov 2022 options series.
How and when should apply which Option's strategyHey everyone! 👋
This post is just for sharing knowledge about Future and Options strategies,
First of all, one should build view (bias) on market direction, it may be bullish, bearish, sideways, or there may be some events too, like budget day or quarterly results seasons or may be something else, once view is built then what are the ways to apply futures and options strategies are shown in this post.
Options trading may sound risky or complex for beginner investors, and so they often stay away.
Some basic strategies using options, can help a novice investor protect their downside and hedge market risk.
Options trading is meant to provide a process that defines the selling and buying of options by a trader.
The options trading strategies are what make up the options trading. There are various ways that a trader can use the options trading strategies to their advantage.
Options trading is a great way to increase your returns as an investor. You will be able to generate profits when the market goes up or when it goes down. However, with so many options trading strategies on offer, you may find it difficult to know which one to choose. This post is showing ideas of the different options strategies and help you choose the right one based on your views.
What Are Options Strategies?
Options are one of the most flexible and powerful way for investing in the stock markets.
Investors can utilize stocks in many ways, including buying and holding onto them to long-term appreciation in value or short-term trading to make a quick buck. However, the stock market is huge, and investors can utilize many sophisticated strategies.
The first complex strategy is called a call option. Call options are contracts that enable the holder to purchase a stock or other asset at a specific price within a specific time frame. If the price goes above the strike price, the owner can buy the stock at a lower price and then sell it at a higher price. This can result in a great return, but a loss is possible if the stock doesn't move or move in opposite direction.
Types of Options Strategies
There are four ways to trade options strategies : call, put, spread, and straddle. First, let's start with the call and put. A call is a contract that gives the owner the right to buy a stock at a specific price on or before the option's expiration date. On the other hand, a put is a contract that gives the owner the right to sell a stock at a specific price on or before the option's expiration date.
Spreads and straddles are both strategies used to manage risk. A spread is created by buying the same type of option with the same expiration date but with a different strike price. The strike price is the underlying stock price when the option is exercised. A straddle is created by buying an option with a lower strike price and an option with a higher strike price with the same expiration date.
Pros and Cons of Options Strategies
Just like selecting a stock to trade or invest in, selecting an options strategy can be a difficult task with risks and potential payouts. The pros and cons of options strategies help you decide which is best for your investing style.
Pros:
- Lower investment costs
- Stock options can be used as a way to hedge your investment or portfolio risk
Cons:
- High risks and losses can occur if you don't research your options strategy
- Options can only be exercised at the expiration date
Conclusion
Traders can use Options strategies to take advantage of both rising and falling prices of stocks. We hope you have gained a deep understanding of what options strategies are this post.
See you all next week. 🙂
RK_Charts
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
my views on sjs the chart looks good today, by the day end if it close above 390 we can take that for btst and with the tgt of 414.90/429/438 these price can be seen in the upcoming sessions for btst we can keep a tgt of 414 and take long position, with the sl of 380 you can adjust according to your risk apatite, cmp is 393 so it sould close above 390 for this amazing more.....
trade with your own risk, there are just my view on this stock and personally i am also holding these stock for long term, my buying price is 352 around.