Support
Pre Market analysis for 17/12/2024 #NIFTYBANK
Pre Market analysis for 17/12/2024
#NIFTYBANK
If market opens flat and breaks 53700 will plan for buying for target 54000 level. If market opens gap down, and breaks 53300,then plan for selling for target 53000 level.
If market opens gap up, wait for retest of yesterday closing, then plan for buying in for target 54000.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Pre Market analysis for 17/12/2024 #NIFTY50
Pre Market analysis for 17/12/2024
#NIFTY50
If market opens flat and breaks 24700 will plan for buying for target 25000 level.
If market opens gap down, and breaks 24600 level then plan for selling for target 24500. 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.
#StockMarketIndia
#LetsLearnTogether
Vedanta Ltd view for Intraday 17th Dec #VEDL
Vedanta Ltd view for Intraday 17th 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,
Dr Reddys Laboratories Ltd view for Intraday 17th Dec #DRREDDY
Dr Reddys Laboratories Ltd view for Intraday 17th Dec #DRREDDY
Resistance 1280 Watching above 1283 for upside movement..
. Support area 1250 Below 1265 ignoring upside momentum for intraday
Support 1250 Watching below 1247 or downside movement...
Resistance area 1280
Above 1265 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
KPR Mill Ltd view for Intraday 17th Dec #KPRMILL
KPR Mill Ltd view for Intraday 17th Dec #KPRMILL
Resistance 1110-1112 Watching above 1112 for upside movement...
Support area 1090 Below 1100 ignoring upside momentum for intraday
Support 1090 Watching below 1085 or downside movement...
Resistance area 1110-1112
Above 1100 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,
Oberoi Realty Ltd view for Intraday 17th Dec #OBEROIRLTY
Oberoi Realty Ltd view for Intraday 17th Dec #OBEROIRLTY
Resistance 2280 Watching above 2283 for upside movement... Support area 2230 Below 2250 ignoring upside momentum for intraday
Support 2230 Watching below 2225 or downside movement...
Resistance area 2280
Above 2250 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,
TECHNICAL TRADING CLASS 1Technical traders use unusual options activity as a signal to identify potential trading opportunities. They analyze the options data to determine whether there is a significant change in demand for a particular underlying asset and whether this is likely to result in a price movement.
The Relative Strength Index (RSI)
Moving Average Convergence Divergence (MACD) Indicator.
The Stochastic Oscillator.
Fibonacci Retracement.
Parabolic SAR.
Screener Plus.
Thinkorswim.
Slope of Hope.
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
DATA 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.
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
OPTION TRADING 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
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.
TECHNICAL ANALYSIS TRADING Technical analysis is a means of examining and predicting price movements in the financial markets, by using historical price charts and market statistics. It is based on the idea that if a trader can identify previous market patterns, they can form a fairly accurate prediction of future price trajectories.
Best Technical Indicators for Intraday Trading
Bollinger Bands.
Relative Strength Index (RSI)
Exponential Moving Average (EMA)
Moving Average Convergence Divergence (MACD)
Parabolic SAR.
Pivot Points.
OPTION CHAIN TRADINGAn option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock.
A call option buyer stands to profit if the underlying asset, say a stock, rises above the strike price before expiry. A put option buyer makes a profit if the price falls below the strike price before the expiration.
Once again, Wave Analysis has proven its worth
#ABB :-
Once again, Wave Analysis has proven its worth
I shared a bearish idea, and it Fall from 8700 to 6600.
Then, I shared Bullish idea, and it Move 6700 to 7900 Till Now.
We saw the market act accordingly
It's a simple strategy, but it works.
a
Markets move in waves, and it's important to be able to recognize and anticipate these movements.
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.
Pre Market analysis for 16/12/2024
Pre Market analysis for 16/12/2024
#NIFTYBANK
If market opens flat and breaks 53650 will plan for buying for target 54000 level.
If market opens gap down, wait for reversal at 53400, then plan for buying for target 53800,54000 levels.
If market opens gap up, wait for retest of yesterday closing (53650), then plan for buying in for target 54000.
Disclaimer:-All views are my personal and only for educational purpose.
ULTRACEMCO Stock is trading near resistance level in daily time
#ULTRACEMCO
Stock is trading near resistance level in daily time frame. Can do good in coming days once resistance is broken and starts trading above the resistance.Keep on Radar.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether