ICICI Bank Ltd view for Intraday 6th Jan #ICICIBANK
ICICI Bank Ltd view for Intraday 6th Jan #ICICIBANK
Resistance 1275 Watching above 1277 for upside movement...
Support area 1240 Below 1260 ignoring upside momentum for intraday
Support 1240 Watching below 1237 or downside movement...
Resistance area 1275
Above 1250 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
LONG
HDFC Bank Ltd view for Intraday 6th Jan #HDFCBANK
HDFC Bank Ltd view for Intraday 6th Jan #HDFCBANK
Resistance 1765 Watching above 1767 for upside movement...
Support area 1740 Below 1750 ignoring upside momentum for intraday
Support 1740 Watching below 1737 or downside movement...
Resistance area 1765
Above 1750 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Lupin Ltd view for Intraday 6th Jan #LUPIN
Lupin Ltd view for Intraday 6th Jan #LUPIN
Resistance 2400 Watching above 2406 for upside movement...
Support area 2310 Below 2360 ignoring upside momentum for intraday
Support 2310 Watching below 2297 or downside movement...
Resistance area 2400
Above 2330 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 Support: Draw a horizontal line along the most recent low or lows where price reversed or consolidated. This will mark the support zone. Resistance: Draw a horizontal line along the most recent high or highs where price reversed or faced rejection. This will mark the resistance zone
Support and resistance can be found in all charting time periods; daily, weekly, and monthly. Traders also find support and resistance in smaller time frames like one-minute and five-minute charts. But the longer the time period, the more significant the support or resistance.
Option and Database trading The Bottom Line. You don't need a considerable sum of money to become an options trader. You can start small with a capital of less than Rs 2 lakhs too. However, as you start small, you need to be a careful trader so that you can cut down on the possibility of losses and enhance the return potential of your trades.
Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.
RSI in trading The relative strength index (RSI) is a momentum indicator that measures recent price changes as it moves between 0 and 100. The RSI provides short-term buy and sell signals and is used to track the overbought and oversold levels of an asset.
It can signal when to buy and sell. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition. The RSI is one of the most popular technical indicators, and it is generally available on most trading platforms offered by online stock brokers.
Options in trading
When you trade options, you're essentially placing a bet on if a stock will decrease, increase or remain the same in value; how much it will deviate from its current price; and in what time those changes will occur. Based on those parameters, you can choose to enter into a contract to buy or sell a company's stock
Calls.
Puts.
American Style.
European Style.
Exchange Traded Options.
Over The Counter Options.
option trading part 2Options 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.
You don't need a considerable sum of money to become an options trader. You can start small with a capital of less than Rs 2 lakhs too. However, as you start small, you need to be a careful trader so that you can cut down on the possibility of losses and enhance the return potential of your trades.
learn ADX in trading Average Directional Index or ADX is a technical analysis indicator that can determine if a market trend is strong or weak. It provides values between 0 to 100 for the same. A value between 0-25 indicates a weak trend. A value between 25-50 indicates a fairly strong trend.
The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy.
INFY LevelsAs of January 5, 2025, Infosys Limited (INFY) is trading at ₹1,954.60.
For intraday traders focusing on 15-minute intervals, key support and resistance levels are:
Support Levels:
S1: ₹1,873.35
S2: ₹1,864.20
S3: ₹1,854.40
Resistance Levels:
R1: ₹1,902.10
R2: ₹1,911.25
R3: ₹1,920.40
These levels are derived from technical analyses, including pivot points, and can guide intraday trading decisions.
HDFCBANK LevelsAs of January 5, 2025, HDFC Bank Limited (HDFCBANK) is trading at ₹1,790.
For intraday traders focusing on 15-minute intervals, key support and resistance levels are:
Support Levels:
S1: ₹1,777
S2: ₹1,760
S3: ₹1,746
Resistance Levels:
R1: ₹1,807
R2: ₹1,821
R3: ₹1,838
These levels are derived from technical analyses and can guide intraday trading decisions.
INDUSINDBK LevelsAs of January 5, 2025, IndusInd Bank Limited (INDUSINDBK) is trading at ₹970.15. Key support and resistance levels are as follows:
Immediate Support Levels:
₹930.73
₹952.32
₹956.88
₹964.72
₹980.08
Immediate Resistance Levels:
₹973.58
₹969.28
₹977.12
₹1009.28
₹1031.08
These levels are derived from various technical analyses, including pivot points and moving averages, and are crucial for traders and investors to monitor for potential price movements.
Please note that stock prices are subject to market volatility, and it's advisable to consult financial advisors or conduct further research before making investment decision
option and databse trading Traders use an options chain to choose the specific option contracts that best align with their trading strategy. They can select options with the desired strike prices and expiration dates based on their market outlook. Options chains are crucial for assessing and managing risk.
Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.
Database in Trading part 2TLDR; ArticDB looks to be the best current option.
CSV - Simplest, slowest, largest and no data types can lead to type errors when loading.
SQL Database - typically transactional row store (OLTP), slow for analysis (OLAP), difficult to shard and parallelize workloads over clusters.
While MongoDB proved the fastest to read and write end-of-day OHLC (Open, High, Low, Close) data — the SQL solutions were 1.5 × to 3 × slower — in terms of costs MongoDB was definitely the most expensive due to its commercial licensing costs.
RSI in trading The relative strength index (RSI) is a momentum indicator that measures recent price changes as it moves between 0 and 100. The RSI provides short-term buy and sell signals and is used to track the overbought and oversold levels of an asset.
Low RSI levels, typically below 30 (red line), indicate oversold conditions—generating a potential buy signal. Conversely, high RSI levels, typically above 70 (green line), indicate overbought conditions—generating a potential sell signal.
Option Chain in Trading An option chain is a detailed list of all available option contracts for a specific stock, including their strike prices and expiration dates.
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 in trading 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.
The average directional index (ADX) is a technical analysis indicator used by some traders to determine the strength of a 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.
Database trading In trading systems, SQL enables efficient data retrieval and manipulation. Users can write SQL queries to analyze market trends and execute trading strategies.
The United Nations Commodity Trade Statistics Database (UN Comtrade) contains detailed imports and exports statistics reported by statistical authorities of close to 200 countries or areas. It concerns annual trade data from 1962 to the most recent year.
Some traders follow something called the "10 a.m. rule." The stock market opens for trading at 9:30 a.m., and there's often a lot of trading between 9:30 a.m. and 10 a.m. Traders that follow the 10 a.m. rule think a stock's price trajectory is relatively set for the day by the end of that half-hour.
State Bank of India view for Intraday #SBINState Bank of India view for Intraday #SBIN
Buying may witness above 804
Support area 794. Below ignoring buying momentum for intraday
Selling may witness below 794
Resistance area 800-804Above ignoring selling momentum for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
TATACONSUM LevelAs of January 2, 2025, Tata Consumer Products Limited (TATACONSUM) closed at ₹929.65 on the National Stock Exchange (NSE), marking a 1.02% increase from the previous day.
In the daily time frame, the stock has been exhibiting a sideways movement, with no definitive momentum.
Analysts have identified a potential cup and handle pattern forming on the daily chart, suggesting a bullish continuation if the stock breaks above the ₹1,250 resistance level.
Key support levels are observed at ₹1,063 and ₹1,017, while resistance is noted near ₹1,250.
The stock's all-time high was ₹1,253.70 on March 11, 2024, and its all-time low was ₹42.80 on November 25, 2008.
Given the current technical indicators and chart patterns, monitoring the stock's movement around the ₹1,250 resistance level is crucial for potential bullish opportunities.
However, the sideways movement suggests caution, and investors should consider these factors alongside their risk tolerance and investment strategy.
Disclaimer: This information is for educational purposes only and should not be construed as financial advice. Please consult with a financial advisor before making any investment decisions.
Investment Stock Analysis: #HEROMOTOCO
Investment Stock Analysis: #HEROMOTOCO
CMP: 4311.50
Sector: Two Wheeler Automotive Segment
Technical Analysis:
After Making The High Price Of 6246
Stock Has Made A Massive Correction Of 33%
Touch The Bottom Levels Of Price 4130
This Area Is To Be Considered As The Strong Support Zone For The Stock
Buy Levels Are 4322 To 4146
Expected Target Levels Are 4450 Levels
Stoploss Levels Are 4130 Levels
Analysis Shared Here Only For Educational Purposes Im Not Responsible For Any Financial Loss