Option trading Options are a type of contract that gives the buyer the right to buy or sell a security at a specified price at some point in the future. An option holder is essentially paying a premium for the right to buy or sell the security within a certain time frame.
When options are better. Options can be a better choice when you want to limit risk to a certain amount. Options can allow you to earn a stock-like return while investing less money, so they can be a way to limit your risk within certain bounds. Options can be a useful strategy when you're an advanced investor.
Levels
Indusind Bank Ltd view for Intraday 23rd Dec #INDUSINDBK
Indusind Bank Ltd view for Intraday 23rd Dec #INDUSINDBK
Resistance 940 Watching above 942 for upside movement...
Support area 914-915 Below 930 ignoring upside momentum for intraday
Support 914-915 Watching below 913 or downside movement...
Resistance area 940
Above 925 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Fortis Healthcare Ltd view for Intraday 23rd Dec #FORTIS
Fortis Healthcare Ltd view for Intraday 23rd Dec #FORTIS
Resistance 685 Watching above 686 for upside movement...
Support area 685 Below 677 ignoring upside momentum for intraday
Support 670 Watching below 669 or downside movement...
Resistance area 685
Above 677 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
State Bank of India view for Intraday 23rd Dec #SBIN
State Bank of India view for Intraday 23rd Dec #SBIN
Resistance 820 Watching above 821 for upside movement...
Support area 800 Below 810 ignoring upside momentum for intraday
Support 800 Watching below 798 or downside movement...
Resistance area 820
Above 810 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
General Insurance Corporation of India view for Intraday 23rd De
General Insurance Corporation of India view for Intraday 23rd Dec #GICRE
Resistance 508-510 Watching above 512 for upside movement...
Support area 490 Below 505 ignoring upside momentum for intraday
Support 490 Watching below 489 or downside movement...
Resistance area 508-510
Above 505 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Brainbees Solutions Ltd view for Intraday 23rd Dec #FIRSTCRY
Brainbees Solutions Ltd view for Intraday 23rd Dec #FIRSTCRY
Resistance 645-650 Watching above 651 for upside movement...
Support area 628-630 Below 640 ignoring upside momentum for intraday
Support 628-630 Watching below 627 or downside movement...
Resistance area 645-650
Above 635-640 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Option Chain in Trading What is Implied Volatility (IV)? Implied Volatility (IV) uses an option price to determine and calculate what the current market is talking about, the future volatility of the option's underlying stock. Implied volatility is one of the six essential factors used in options pricing models
The Nifty Option Chain provides a listing of all the available options contracts for the Nifty 50 Index; including the strike prices, expiry dates, and the corresponding premiums. The list shows all call and put options that are available against a specific underlying
The most successful options strategy is one that has the highest probability of profit, taking into consideration the trader's market outlook. In a bull market, selling puts can be a profitable strategy due to the statistical edge of most puts expiring worthless
HDFCBANK Support & Resistance HDFC Bank has a hierarchical organizational structure that categorizes employees into different levels based on their roles, responsibilities, and experience. These levels typically include the following:
1. Entry-Level
Roles: Customer Service Executive, Sales Officer, Relationship Officer, Teller.
Focus: Frontline banking operations, customer service, and sales.
Typical Qualifications: Graduates or MBAs with 0-2 years of experience.
2. Junior Management
Roles: Assistant Manager, Deputy Manager.
Focus: Supervising teams, basic managerial responsibilities, and operational oversight.
Growth Path: From entry-level positions through internal promotions or external hiring.
3. Middle Management
Roles: Manager, Senior Manager, Branch Manager.
Focus: Leading teams, managing branch operations, and achieving business targets.
Responsibilities: Overseeing customer relationships, ensuring compliance, and mentoring junior staff.
4. Senior Management
Roles: Regional Manager, Cluster Head, Zonal Head.
Focus: Overseeing multiple branches or regions, strategic planning, and business development.
Responsibilities: Driving profitability, high-level decision-making, and coordination between departments.
5. Executive Management
Roles: Country Head, Group Head, Executive Vice President.
Focus: Shaping the overall business strategy, governance, and leadership.
Responsibilities: Company-wide decision-making and aligning operational goals with the bank's vision.
6. Top Leadership
Roles: Managing Director (MD), Chief Executive Officer (CEO).
Focus: Overall governance, steering the organization, and stakeholder management.
Responsibilities: Accountability to shareholders, regulatory bodies, and aligning the organization with market trends.
HDFC Bank also promotes a culture of internal growth and provides numerous training and leadership programs for career advancement. The exact titles and levels may vary slightly based on the department, such as retail banking, corporate banking, IT, or risk management.
NIFTY Support and Resistance For NIFTY (NSE Nifty 50), the support and resistance levels are typically determined using technical analysis. These levels represent key price points at which the index is likely to either reverse direction or experience a significant pause in its movement.
Since I do not have real-time data access, I'll guide you on how to determine 1-day (1D) support and resistance for NIFTY using common methods. You can apply these techniques using charting tools or financial platforms like TradingView, MetaTrader, or similar platforms that provide real-time market data.
1. Support Level:
Support is the price level at which the index tends to find buying interest, causing a potential price reversal or halt in a downward trend.
Support is formed at previous price lows or significant levels where NIFTY has bounced up in the past.
2. Resistance Level:
Resistance is the price level at which selling interest tends to emerge, preventing the price from moving higher and potentially causing a reversal or a slowdown in upward momentum.
Resistance is found at previous price highs or significant levels where NIFTY has previously struggled to break above.
Common Techniques to Identify Support and Resistance:
Pivot Points (for intraday trading):
Pivot points provide a mathematical calculation for predicting potential support and resistance levels for the day.
Key pivot levels are calculated based on the previous day's high, low, and close prices:
Pivot Point
=
High
+
Low
+
Close
3
Pivot Point=
3
High+Low+Close
First Resistance (R1) = (2 × Pivot Point) − Low
First Support (S1) = (2 × Pivot Point) − High
Second Resistance (R2) = Pivot Point + (High − Low)
Second Support (S2) = Pivot Point − (High − Low)
Fibonacci Retracement:
Fibonacci retracement levels are popular for identifying potential support and resistance zones. The key retracement levels are 23.6%, 38.2%, 50%, 61.8%, and 100%.
To plot Fibonacci retracement, you identify the significant swing high and swing low on the chart and apply the Fibonacci tool. The retracement levels often coincide with important support and resistance zones.
Previous Highs and Lows:
Look at past price action, especially the previous day's high and low points. These are often the first areas of support and resistance.
Resistance is typically found near the previous day's high.
Support is usually near the previous day's low.
Trendlines:
Drawing trendlines on the chart connecting multiple highs and lows can help identify sloping support and resistance levels.
Uptrend support is drawn along the rising lows.
Downtrend resistance is drawn along the falling highs.
Bharti Airtel Ltd view for Intraday 22th Dec #BHARTIARTL
Bharti Airtel Ltd view for Intraday 22th Dec #BHARTIARTL
Resistance 1630 Watching above 1633 for upside movement...
Support area 1600 Below 1615 ignoring upside momentum for intraday
Support 1600 Watching below 1595 or downside movement...
Resistance area 1630
Above 1615 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
JSW Steel Ltd view for Intraday 22th Dec #JSWSTEEL
JSW Steel Ltd view for Intraday 22th Dec #JSWSTEEL
Resistance 960 Watching above 962 for upside movement...
Support area 940 Below 950 ignoring upside momentum for intraday
Support 940 Watching below 938 or downside movement...
Resistance area 960
Above 950 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Reliance Industries Ltd view for Intraday 22th Dec #RELIANCE
Reliance Industries Ltd view for Intraday 22th Dec #RELIANCE
Resistance 1270 Watching above 1273 for upside movement...
Support area 1240 Below 1255 ignoring upside momentum for intraday
Support 1240 Watching below 1238 or downside movement...
Resistance area 1270
Above 1255 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
TATA Motors Ltd view for Intraday 22th Dec #TATAMOTORS
TATA Motors Ltd view for Intraday 22th Dec #TATAMOTORS
Resistance 770-773 Watching above 775 for upside movement...
Support area 750 Below 765 ignoring upside momentum for intraday
Support 750 Watching below 747 or downside movement...
Resistance area 770-773
Above 760 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Max Health Institute Ltd view for Intraday 22th Dec #MAXHEALTH
Max Health Institute Ltd view for Intraday 22th Dec #MAXHEALTH
Resistance 1220 Watching above 1222 for upside movement...
Support area 1200 Below 1200 ignoring upside momentum for intraday
Support 1200 Watching below 1198 or downside movement...
Resistance area 1220
Above 1220 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
PAYTM view for Intraday 22th Dec #PAYTM
PAYTM view for Intraday 22th Dec #PAYTM
Resistance 1020-1022 Watching above 1014 for upside movement...
Support area 990 Below 1000 ignoring upside momentum for intraday
Support 1000 Watching below 1010 or downside movement...
Resistance area 1010
Above 1000 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
How to get profit by option chain in trading For long calls: If the underlying is above the strike price on expiration, the profit is the underlying price on expiry – strike price – premium paid per contract. If the underlying is at or below the strike price on expiration, the option has no value so your loss is the premium paid to buy the call option.
Options trading can be one of the most lucrative ways to trade in the financial markets. Traders only have to put up a relatively small amount of money to take advantage of the power of options to magnify their gains, allowing them to multiply their money many times, often in weeks or months.
Relative Strength Index (RSI) IndicatorThe relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security. The RSI is displayed as an oscillator (a line graph) on a scale of zero to 100.
RSI readings below 30 signal buy opportunities, indicating the asset is undervalued. Conversely, RSI readings above 70 signal sell opportunities, suggesting the asset is overvalued. A value of 50 signifies a balance between bullish and bearish positions or a neutral stance.
Vedanta Ltd view for Intraday 20th Dec #VEDL
Vedanta Ltd view for Intraday 20th Dec #VEDL
Resistance 523-524 Watching above 525 for upside movement...
Support area 505 Below 518 ignoring upside momentum for intraday
Support 505 Watching below 505 or downside movement...
Resistance area 523-524
Above 510 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
HDFCBANK Support & Resistance To determine the support and resistance levels for HDFC Bank (as of now, in December 2024), we would typically rely on technical analysis methods such as identifying recent swing highs and swing lows, using Fibonacci retracement levels, and observing moving averages and chart patterns. These levels change frequently, depending on market conditions, but I’ll provide a general guideline on how to calculate these levels and some typical support/resistance points that might be relevant.
How to Find HDFC Bank's Support & Resistance Levels:
Swing Highs and Lows: The most basic form of support and resistance is identifying the points on the price chart where HDFC Bank has recently bounced (support) or reversed down (resistance).
Support: Price level where the stock finds buying interest and reverses from a downtrend.
Resistance: Price level where the stock finds selling pressure and reverses from an uptrend.
Fibonacci Retracement Levels: Fibonacci retracement is a powerful tool to predict possible support and resistance levels. Typically, the key levels are:
23.6%
38.2%
50%
61.8%
These can be drawn by taking the most recent significant swing low and swing high (or vice versa) on the chart.
Moving Averages: Key moving averages like the 50-day, 100-day, or 200-day can serve as dynamic support or resistance levels. If the price is above the moving average, it often acts as support, and if the price is below, it often acts as resistance.
Psychological Levels: Round numbers such as ₹1,500, ₹1,600, ₹2,000, etc., often act as strong psychological barriers.
Volume: High-volume areas in the past can act as strong support/resistance zones.
Bank Nifty index Support & Resistance Support Levels:
Support levels are price points where the Bank Nifty index tends to find buying interest. These are levels where the index has historically reversed or slowed down its decline.
Recent Swing Lows: Look for the recent lowest points on the chart where the price has bounced back.
Fibonacci Retracement Levels: Fibonacci levels (23.6%, 38.2%, 50%, 61.8%) are often used to identify potential support zones.
Moving Averages: Key moving averages like the 50-day, 100-day, or 200-day moving average can act as dynamic support levels.
2. Resistance Levels:
Resistance levels are price points where selling pressure tends to emerge, preventing the price from rising further.
Recent Swing Highs: Look for points where the index has faced difficulty breaking through or has reversed from the upside.
Fibonacci Retracement Levels: Similarly, Fibonacci levels can also help identify potential resistance areas.
Psychological Levels: Round numbers or large milestones in the Bank Nifty's price (like 40,000, 45,000, etc.) often act as resistance.
Trendlines: A downward-sloping trendline can act as resistance, especially if it intersects with recent highs.