Biocon Ltd view for Intraday 24th Dec #BIOCON
Biocon Ltd view for Intraday 24th Dec #BIOCON
Resistance 335 Watching above 335 for upside movement...
Support area 325 Below 330 ignoring upside momentum for intraday
Support 325 Watching below 325 or downside movement...
Resistance area 335
Above 330 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Levelsandzones
Aurobindo Pharma Ltd view for Intraday 24th Dec #AUROPHARMA
Aurobindo Pharma Ltd view for Intraday 24th Dec #AUROPHARMA
Resistance 1260-1265 Watching above 1265 for upside movement...
Support area 1230 Below 1240 ignoring upside momentum for intraday
Support 1230 Watching below 1225 or downside movement...
Resistance area 1260-1265
Above 1240 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,
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.
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,
Cipla Ltd view for Intraday 20th Dec #CIPLA
Cipla Ltd view for Intraday 20th Dec #CIPLA
Resistance 1460-1463 Watching above 1465 for upside movement...
Support area 1430 Below 1440 ignoring upside momentum for intraday
Support 1430 Watching below 1428 or downside movement...
Resistance area 1460-1463
Above 1440-1445 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 17th Dec #PAYTM
PAYTM view for Intraday 17th Dec #PAYTM
Resistance 1010-1014 Watching above 1014 for upside movement... Support area 990 Below 1000 ignoring upside momentum for intraday
Support 990 Watching below 989 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,
Swan Energy Ltd view for Intraday 17th Dec #SWANENERGY
Swan Energy Ltd view for Intraday 17th Dec #SWANENERGY
Resistance 790 Watching above 792 for upside movement...
Support area 760 Below 780 ignoring upside momentum for intraday
Support 760 Watching below 758 or downside movement...
Resistance area 790
Above 770 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
RSI TECHNICAL TRADING The 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.
The most commonly used RSI thresholds are 30 and 70. An RSI above 70 suggests a stock might be overbought, indicating a potential sell signal. Conversely, an RSI below 30 implies a stock might be oversold, presenting a possible buying opportunity
Pre Market analysis for 16/12/2024
Pre Market analysis for 16/12/2024
#NIFTY50
If market opens flat and breaks 24800 will plan for buying for target 25000 level. If market opens gap down, wait for reversal at 24550 level then plan for buying for target 24800. Wait for 5mins bullish candle at 24550 level.
If market opens gap up, wait for retest of yesterday closing, then plan for buying for target 25000.
Disclaimer:-All views are my personal and only for educational purpose.
BAJFINANCE Support & Resistance levels Stock Market Performance
Current Share Price: ₹7,273 (approx., December 2024).
52-Week High/Low: ₹7,510 / ₹6,160.
Support Levels: ₹7,037, ₹6,890, and ₹6,800.
Resistance Levels: ₹7,273, ₹7,364, and ₹7,510
Market Sentiment: The stock has been trading near its resistance levels, indicating strong investor interest.
Expanding Digital Initiatives: Enhanced focus on digital lending through apps and partnerships with e-commerce platforms.
Branch Expansion: Increasing penetration in Tier II and Tier III cities.
ZOMATO Support & Resistance levels Zomato's stock has shown significant movement in recent months. As of December 15, 2024, the share price stands at ₹288.25. The stock has seen a strong recovery from its lows, with analysts identifying key support levels around ₹278.20 and resistance levels near ₹304.70. This range highlights potential areas of buying interest and selling pressure
Key Highlights:
Support and Resistance:
Support: ₹278.20 is a critical level where buyers may step in.
Resistance: ₹304.70 is a key zone that the price must surpass to indicate further bullish momentum
Over the past year, the stock price has risen significantly, reflecting a strong recovery from earlier lows.
Short-term projections suggest modest gains with potential targets around ₹289.7 if current momentum sustains
Company Overview: Zomato has transitioned from a food delivery service into a robust technology platform with global operations. Its services include restaurant discovery, food delivery, and kitchen ingredient supply. This diversification underpins its long-term growth potential
.
MRF Support & Resistance levels MRF Limited Overview and Current Market Levels
MRF Limited, India's largest tyre manufacturer, is a renowned multinational with a diverse product portfolio that includes tyres, tubes, conveyor belts, paints, and toys. It is recognized globally for its innovation and high-quality products, with a strong market presence both in India and internationally
Current Market Levels and Technical Outlook
As of mid-December 2024, MRF's stock price is trading near ₹133,235. Immediate support levels are identified at ₹125,864 and ₹121,093. On the resistance side, the key levels to watch are ₹133,803 and ₹136,971. If the stock breaks below its immediate support, a sharp decline towards ₹117,925 could occur. Conversely, a breakout above ₹136,971 could push the stock towards its 52-week high of ₹151,445