Technical Trading Technical analysis is a trading strategy used by investors to identify new investment possibilities. To anticipate future price movements of stocks or other assets, for example, past price and volume data is studied and shown on graphic charts, where trends, patterns, and technical indicators can be identified.
There is virtually no limit to the profit potential of technical analysis. Profitability within the discipline largely depends on the trader's expertise, adherence to tried and tested strategies, and the amount of risk undertaken and capital employed by the trader.
Long!!
Technical AnalysisWhether you're scalping forex or investing in stocks, you can make use of technical analysis to find and plan trades. It can also provide an excellent method of determining your entry and exit points for a position. As we've seen in earlier courses, a market rarely moves in a straight line.
average true range (ATR)
Moving average convergence/divergence (MACD)
Fibonacci retracements.
Relative strength index (RSI)
Pivot point.
Stochastic.
Parabolic SAR.
Trading databaseTrading data is a sub-category of financial market data. It provides real-time information about stock and market prices as well as historical trends for assets such as equities, fixed-income products, currencies and derivatives.
SQL remains a fundamental tool for querying and managing data. SQL's simplicity and power make it accessible to both beginners and experts. In trading systems, SQL enables efficient data retrieval and manipulation. Users can write SQL queries to analyze market trends and execute trading strategies.
Parquet - Original first choice and most often the best choice for projects for all of the reasons discussed here. Best compression (roughly 3x smaller than HDF5 and 10x smaller than CSV), Best read time (when using multi cores) and best compatibility with different systems
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.
ADX: The Trend Strength IndicatorThe average directional index (ADX) is a technical indicator used by traders to determine the strength of a financial security's price trend. It helps them reduce risk and increase profit potential by trading in the direction of a strong trend.
The average directional index (ADX) is a technical indicator used by traders to determine the strength of a financial security's price trend. It helps them reduce risk and increase profit potential by trading in the direction of a strong trend.
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.
#AMBER *Positional Trade
#AMBER
*Positional Trade, Amber Enterprises
Buy at CMP levels 6230-6260
Target 6600, 7000
Buy on dips till 6000
Good fundamental stock to hold in portfolio. Above all Major EMAS and holding strong.
It is a positional trade, so movement may not be in a few days.
Don't use big capital- very important in today's volatile market
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,
MTAR Technologies Ltd view for Intraday 23rd Dec #MTARTECH
MTAR Technologies Ltd view for Intraday 23rd Dec #MTARTECH
Resistance 1740 Watching above 1744 for upside movement...
Support area 1700 Below 1720 ignoring upside momentum for intraday
Support 1700 Watching below 1695 or downside movement...
Resistance area 1740
Above 1720 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,
How to draw support & resistance To identify support or resistance, you have to look back at the chart to find a significant pause in a price decline or rise. Then look forward to see whether a price halts or reverses as it approaches that level.
he Fibonacci indicator consists of Fibonacci retracement levels, which are 23.6%, 38.2%, 50%, 61.8% and 78.6% which are drawn between two price levels and can be used to indicate support and resistance in the market.
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,