BankNifty Analysis - Stance Bearish ⬇️
There is no doubt that the stance on Banknifty is anything but bearish. Even though we started quite okay, we quickly gave up the gains. After 10.23 the intensity of selling was quite strong. And once we came back to the bearish channel the depth of the RED candles kept on increasing. Banks were the first to react to the bad...
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Options Trading for Beginners
Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
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All Levels in a Chart
Options Trading for Beginners
Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
Welcome To Trend Talk😊
All Levels in a Chart
Options Trading for Beginners
Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
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How do the MACD and RSI indicators differ?
- The moving average convergence divergence (MACD) indicator and the relative strength index (RSI) are two popular momentum indicators used by technical analysts and day traders. While they both provide signals to traders, they operate differently. The primary difference lies in what each is...
BankNifty Analysis - Stance Bullish ⬆️
Although BankNifty created a double top (M pattern) on the 4 mts time frame today, the stance is still bullish. The reason we did not change the stance for BN even though we downgraded N50 was that BN did not even test the support level today. Despite the selling pressure on all other counters, the Banks did not attempt to...
BankNifty Analysis - Stance Bullish ⬆️
Yesterday we discussed the possibility of HDFC Bank making a move and quite fortunately that came true today. We rallied an impressive 769pts ~ 1.66% today to take out the first resistance (bearish trendline break). Would you believe the elephant jumped 2.63% today along with AXIS Bank 2.41%, Kotak Bank 1.8%. ICICI Bank &...
HDFC Bank Limited (also known as HDFC) is an Indian Multinational banking and financial services company headquartered in Mumbai.
Only For Educational Purpose.
Foundation: HDFC Bank is one of the flagship companies of India and has been considered as one of the few institution of national importance by Govt. of India. It is also one of the leading private bank in the country.
Technical:
1. If we use Anchored VWAP(@23-03-2020) on weekly timeframe on the price chart of this stock, we will notice that price took...
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All Levels in a Chart
Options Trading for Beginners
Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
BankNifty Analysis - Stance Bearish⬇️
BankNifty had a lot of anomalies today. Firstly, the start was slightly on the higher side and BN did not fall, unlike Nifty. We ended up defending yesterday’s swing low which came as a big surprise. You might remember, we had a bearish call for BN today and the fact that the downside move was not even attempted came as a...
Welcome To Trend Talk😊
All Levels in a Chart
Options Trading for Beginners
Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
Welcome To Trend Talk😊
All Levels in a Chart
Options Trading for Beginners
Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
Welcome To Trend Talk😊
All Levels in a Chart
Options Trading for Beginners
Options are a form of derivative contract that gives buyers of the contracts (the option holders) the right (but not the obligation) to buy or sell a security at a chosen price at some point in the future. Option buyers are charged an amount called a premium by the sellers for such a...
Nifty next up move will come when it close above 22150 on monthly chart.
Empirically, in General election year, Nifty has a tendency to bottom out in Feb-March, followed by minimum 12-16% rally towards General election outcome in each of seven instances over past three decades.
As per chart nifty may be bottom out near levels 21120-20850 in upcoming days.
So, buy...
