Option Chain AnalysisTo read an options chart effectively, consider the following steps:
Identify the strike price associated with each line on the chart.
Observe the direction and steepness of the lines to gauge the options' delta values. ...
Assess the options' positions concerning the current market price of the underlying asset.
HDFC
Basic to Advance in Trading Understand market trends and patterns.
Use risk management strategies, like setting stop-loss orders.
Focus on liquid assets with high volume.
Keep emotions in check and stick to a trading plan.
Limit the number of trades to manage risk.
Constantly educate yourself on market dynamics and trading strategies.
Class for Advanced Trader part 2To understand how to become a trader, follow these seven steps:
Complete your education. ...
Learning the basics of trading. ...
Determine the product in which you want to trade. ...
Develop trading techniques. ...
Gain trading experience. ...
Understand risk management. ...
Review your trades.
Put Call Ratio (PCR) Trading The Put Call Ratio (PCR) is a tool in the stock market to understand how investors feel about a stock or the market's future. It compares the number of put options to call options traded. More puts traded mean investors expect prices to fall (bearish). More calls traded mean investors expect prices to rise (bullish).
HINDUSTAN AERONAUTICS LTDAs of June 6, 2025, Hindustan Aeronautics Ltd. (NSE: HAL) is trading at approximately ₹5,071.60, reflecting a 2.25% increase over the previous day. Here's a detailed technical analysis focusing on daily support and resistance levels:
📊 Daily Pivot Points (Classic Method)
Based on the previous day's high, low, and close, the daily pivot levels are:
Pivot Point: ₹5,053.53
Support Levels:
S1: ₹5,008.06
S2: ₹4,944.53
S3: ₹4,899.06
Resistance Levels:
R1: ₹5,117.06
R2: ₹5,162.53
R3: ₹5,226.06
📈 Fibonacci Pivot Points
Using Fibonacci calculations, the levels are:
Pivot Point: ₹5,053.53
Support Levels:
S1: ₹5,011.90
S2: ₹4,986.17
S3: ₹4,944.53
Resistance Levels:
R1: ₹5,095.17
R2: ₹5,120.90
R3: ₹5,162.53
🔍 Camarilla Pivot Points
Derived using the Camarilla method:
Pivot Point: ₹5,053.53
Support Levels:
S1: ₹5,061.61
S2: ₹5,051.62
S3: ₹5,041.63
Resistance Levels:
R1: ₹5,081.59
R2: ₹5,091.58
R3: ₹5,101.58
📌 Trading Insights
Immediate Support: ₹5,008.06 (Classic S1)
Immediate Resistance: ₹5,117.06 (Classic R1)
Given the current price of ₹5,071.60, the stock is trading near its pivot point, suggesting potential for upward movement if it breaks above the immediate resistance. However, traders should monitor for any signs of reversal or consolidation around these levels.
L&T FINANCE LTDAs of June 6, 2025, L&T Finance Ltd. (NSE: LTF) is trading at approximately ₹180.82. Here's a detailed technical analysis focusing on daily support and resistance levels:
📊 Daily Pivot Points (Classic Method)
Calculated based on the previous day's high, low, and close prices:
Pivot Point: ₹180.82
Support Levels:
S1: ₹177.34
S2: ₹171.32
S3: ₹167.84
Resistance Levels:
R1: ₹186.84
R2: ₹190.32
R3: ₹196.34
📈 Fibonacci Pivot Points
Based on Fibonacci calculations:\
Pivot Point: ₹180.82
Support Levels:
S1: ₹177.19
S2: ₹174.95
S3: ₹171.32
Resistance Levels:
R1: ₹184.45
R2: ₹186.69
R3: ₹190.32
🔍 Camarilla Pivot Points
These levels are derived using the Camarilla method:
Pivot Point: ₹180.82
Support Levels:
S1: ₹182.49
S2: ₹181.62
S3: ₹180.75
Resistance Levels:
R1: ₹184.23
R2: ₹185.10
R3: ₹185.97
📌 Trading Insights
Immediate Support: ₹177.34 (Classic S1)
Immediate Resistance: ₹186.84 (Classic R1)
Traders may consider these levels for setting stop-loss and take-profit orders. A break above ₹186.84 could signal bullish momentum, while a drop below ₹177.34 might indicate bearish pressure.
DR REDDY S LABORATORIESAs of June 6, 2025, Dr. Reddy's Laboratories Ltd. (NSE: DRREDDY) is trading at approximately ₹1,290.60, reflecting a 3.04% increase over the previous day.
📊 Daily Pivot Points (Classic Method)
Based on the previous day's high, low, and close, the daily pivot levels are:
Pivot Point: ₹1,307.93
Support Levels:
S1: ₹1,286.07
S2: ₹1,268.73
S3: ₹1,246.87
Resistance Levels:
R1: ₹1,325.27
R2: ₹1,347.13
R3: ₹1,369.99
📈 Fibonacci Pivot Points
Using Fibonacci calculations, the levels are:
Pivot Point: ₹1,307.93
Support Levels:
S1: ₹1,286.07
S2: ₹1,268.73
S3: ₹1,246.87
Resistance Levels:
R1: ₹1,325.27
R2: ₹1,347.13
R3: ₹1,369.99
🔍 Camarilla Pivot Points
Derived using the Camarilla method:
Pivot Point: ₹1,286.07
Support Levels:
S1: ₹1,269.04
S2: ₹1,279.82
S3: ₹1,283.41
Resistance Levels:
R1: ₹1,294.19
R2: ₹1,297.79
R3: ₹1,301.38
📌 Trading Insights
Immediate Support: ₹1,286.07 (Classic S1)
Immediate Resistance: ₹1,325.27 (Classic R1)
Traders may consider these levels for setting stop-loss and take-profit orders. A break above ₹1,325.27 could signal bullish momentum, while a drop below ₹1,286.07 might indicate bearish pressure.
GILLETTE INDIA LTDAs of June 6, 2025, Gillette India Ltd. (NSE: GILLETTE) is trading at approximately ₹10,232.00, marking a 27.45% increase over the past month.
📊 Monthly Pivot Points (Classic Method)
Calculated based on the previous month's high, low, and close prices:
Pivot Point: ₹10,306.67
Support Levels:
S1: ₹8,993.33
S2: ₹8,109.67
S3: ₹6,796.33
Resistance Levels:
R1: ₹11,190.33
R2: ₹12,503.67
🔍 Fibonacci Pivot Points
Based on Fibonacci calculations:
Pivot Point: ₹10,306.67
Support Levels:
S1: ₹9,832.59
S2: ₹8,154.08
S3: ₹6,796.33
Resistance Levels:
R1: ₹10,351.08
R2: ₹11,190.33
📈 Technical Indicators Summary
Moving Averages: All major moving averages (MA5, MA10, MA20, MA50, MA100, MA200) are indicating a Strong Buy signal.
Relative Strength Index (RSI): 81.19 – Overbought
MACD: 194.05 – Buy
ADX: 96.24 – Overbought
Stochastic Oscillator: 82.92 – Overbought
📌 Trading Insights
Immediate Resistance: ₹11,190.33 (Classic R1)
Immediate Support: ₹8,993.33 (Classic S1)
Given the current price of ₹10,232.00, the stock is trading near its pivot point, suggesting potential for upward movement if it breaks above the immediate resistance. However, the overbought RSI and ADX indicators suggest caution, as the stock may be due for a short-term correction.
KPI GREEN ENERGY LTDAs of June 6, 2025, KPI Green Energy Ltd. (NSE: KPIGREEN) is trading at approximately ₹503.45, reflecting a 4.88% increase over the previous day.
📊 Daily Pivot Points (Classic Method)
Based on the previous day's high, low, and close, the daily pivot levels are:
Pivot Point: ₹497.23
Support Levels:
S1: ₹488.32
S2: ₹471.08
S3: ₹462.17
Resistance Levels:
R1: ₹514.47
R2: ₹523.38
R3: ₹540.62
📈 Fibonacci Pivot Points
Using Fibonacci calculations, the levels are:
Pivot Point: ₹497.23
Support Levels:
S1: ₹487.24
S2: ₹481.07
S3: ₹471.08
Resistance Levels:
R1: ₹507.22
R2: ₹513.39
R3: ₹523.38
🔍 Camarilla Pivot Points
Derived using the Camarilla method:
Pivot Point: ₹497.23
Support Levels:
S1: ₹503.15
S2: ₹500.76
S3: ₹498.36
Resistance Levels:
R1: ₹507.95
R2: ₹510.34
R3: ₹512.74
📌 Trading Insights
Immediate Support: ₹488.32 (Classic S1)
Immediate Resistance: ₹514.47 (Classic R1)
Traders may consider these levels for setting stop-loss and take-profit orders. A break above ₹514.47 could signal bullish momentum, while a drop below ₹488.32 might indicate bearish pressure.
HDFC BANK As of June 6, 2025, HDFC Bank Ltd. (NSE: HDFCBANK) is trading at approximately ₹1,944.90. Here's a detailed technical analysis focusing on daily support and resistance levels:
📊 Daily Pivot Points (Classic Method)
Calculated based on the previous day's high, low, and close prices:
Pivot Point: ₹1,949.57
Support Levels:
S1: ₹1,940.23
S2: ₹1,930.87
S3: ₹1,921.53
Resistance Levels:
R1: ₹1,958.93
R2: ₹1,968.27
R3: ₹1,977.63
Source: Top Stock Research
📈 Fibonacci Support & Resistance Levels
Based on Fibonacci calculations:
Support Levels:
S1: ₹1,942.42
S2: ₹1,938.01
S3: ₹1,930.87
Resistance Levels:
R1: ₹1,956.71
R2: ₹1,961.12
R3: ₹1,968.27
🔍 Camarilla Pivot Points
These levels are derived using the Camarilla method:
Support Levels:
S1: ₹1,947.89
S2: ₹1,946.17
S3: ₹1,944.46
Resistance Levels:
R1: ₹1,951.31
R2: ₹1,953.03
R3: ₹1,954.74
📌 Trading Insights
Immediate Support: ₹1,940.23 (Classic S1)
Immediate Resistance: ₹1,958.93 (Classic R1)
Traders may consider these levels for setting stop-loss and take-profit orders. A break above ₹1,958.93 could signal bullish momentum, while a drop below ₹1,940.23 might indicate bearish pressure.
BLS INTERNATIONAL SERVICES LIMITEDAs of June 6, 2025, BLS International Services Ltd. (NSE: BLS) is trading at approximately ₹408.60. Here's a detailed technical analysis focusing on daily support and resistance levels:
📊 Daily Pivot Points (Classic Method)
Calculated based on the previous day's high, low, and close prices:
Pivot Point: ₹410.17
Support Levels:
S1: ₹405.83
S2: ₹402.77
S3: ₹398.43
Resistance Levels:
R1: ₹413.23
R2: ₹417.57
R3: ₹420.63
📈 Fibonacci Support & Resistance Levels
Based on Fibonacci calculations:
Support Levels:
S1: ₹407.34
S2: ₹405.59
S3: ₹402.77
Resistance Levels:
R1: ₹412.99
R2: ₹414.74
R3: ₹417.57
🔍 Camarilla Pivot Points
These levels are derived using the Camarilla method:
Support Levels:
S1: ₹408.22
S2: ₹407.54
S3: ₹406.86
Resistance Levels:
R1: ₹409.58
R2: ₹410.26
R3: ₹410.94
📌 Trading Insights
Immediate Support: ₹405.83 (Classic S1)
Immediate Resistance: ₹413.23 (Classic R1)
Traders may consider these levels for setting stop-loss and take-profit orders. A break above ₹413.23 could signal bullish momentum, while a drop below ₹405.83 might indicate bearish pressure.
POWER GRID CORP LTDAs of June 6, 2025, Power Grid Corporation of India Ltd. (NSE: POWERGRID) is trading at approximately ₹294.25. Here's a detailed technical analysis focusing on 15-minute support and resistance levels, along with broader daily pivot points:
📊 15-Minute Technical Summary
Technical Indicators: On the 15-minute timeframe, the overall technical outlook is neutral, indicating a balanced sentiment between buyers and sellers.
🔧 Daily Pivot Points (Classic Method)
These levels are calculated based on the previous day's high, low, and close prices:
Pivot Point: ₹290.78
Support Levels:
S1: ₹286.32
S2: ₹282.73
S3: ₹278.27
Resistance Levels:
R1: ₹294.37
R2: ₹298.83
R3: ₹302.42
📈 Fibonacci Support & Resistance Levels
Based on Fibonacci calculations:
Support Levels:
S1: ₹291.23
S2: ₹290.02
S3: ₹288.05
Resistance Levels:
R1: ₹295.17
R2: ₹296.38
R3: ₹298.35
📌 Trading Insights
Current Price: ₹294.25
Immediate Resistance: ₹295.17 (Fibonacci R1)
Immediate Support: ₹291.23 (Fibonacci S1)
Traders may consider these levels for setting stop-loss and take-profit orders. A break above ₹295.17 could signal bullish momentum, while a drop below ₹291.23 might indicate bearish pressure.
Overview of Financial Markets Financial markets are platforms where buyers and sellers trade financial assets like stocks, bonds, currencies, and derivatives. They facilitate the movement of capital between savers and borrowers, enabling investment, risk management, and capital formation. These markets play a crucial role in the global economy by providing a mechanism for allocating funds and determining prices.
Management and Psychology Trading psychology is the emotional component of an investor's decision-making process, which may help explain why some decisions appear more rational than others. Trading psychology is characterized primarily by the influence of both greed and fear. Greed drives decisions that might be too risky.
Intraday Trading Class part 7Purchasing and selling securities listed in a stock exchange on the same day is known as intraday trading. The primary purpose of transacting in this method is to realise capital gains on purchased securities as well as minimise risks by keeping money invested for an extended period.
NIFTY 50 INDE 15min TF✦ Expiry Day Market Plan - Inside Candle Setup
Today is an Inside Candle Day - price stuck within the previous day's range. This means:
Sideways movement likely
But if key levels break - high volatility possible!
Bullish Plan
Watch Zone: 24650-24680
Condition: 15-min candle close above 24680 with strong volume
* Action:
→ Enter on breakout
→ Or wait for pullback (retest) & enter on bounce
Targets: Big upside possible - trail SL to lock profits
Bearish Plan
Watch Zone: 24550-24530
Condition: Break & hold below 24550
* Action:
→ Enter on breakdown
→ Book first 50 pts, then trail SL
Targets: Quick downside moves possible
? Key Tips
Don't rush - wait for confirmation
Use volume + candle close as triggers
Stick to trailing SL & partial booking