Option trading 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.
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.
Support
Learn technical trading Open a demat account. ...
Understand stock quotes. ...
Bids and asks. ...
Fundamental and technical knowledge of stock. ...
Learn to stop the loss. ...
Ask an expert. ...
Start with safer stocks.
Start by reading foundational books and taking reputable courses to build a solid theoretical understanding of technical analysis, Set realistic goals, maintain emotional discipline, and continually refine strategies through learning and practical experience.
Relative Strength Index (RSI) IndicatorThe best RSI settings are typically a 14-period timeframe with 70 as the overbought level and 30 as the oversold level. These settings can be adjusted based on specific trading strategies.
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.
Helps identify trend direction: RSI can help traders identify the direction of the trend. If the RSI is above 50, it indicates a bullish trend, while a reading below 50 indicates a bearish trend. By identifying the trend direction, traders can make better decisions on whether to buy or sell.
Option chain Option chains provide specific data related to options contracts, including strike prices, expiration dates, implied volatility, and open interest. Traders use this data to construct options strategies, manage risk, and profit from price movements in the underlying asset.
NSE's online Real time Data Feed. NSE's real time data is provided in various levels (level 1, level 2, level 3 and tick by tick) across segments such as Capital Market, Futures & Options, Currency Derivative and Wholesale Debt Market.
Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.
RELIANCE Levels 1 DayAs of December 28, 2024, Reliance Industries Limited (RELIANCE) closed at ₹1,221.05, reflecting a slight increase of 0.37% from the previous close.
For the upcoming trading sessions, the following support and resistance levels have been identified based on various technical analyses:
Daily Support and Resistance Levels:
Support Levels:
S1: ₹1,219.03
S2: ₹1,217.59
S3: ₹1,205.17
Resistance Levels:
R1: ₹1,229.93
R2: ₹1,232.88
R3: ₹1,237.87
These levels are derived from the previous trading day's price range and can serve as potential indicators for intraday trading strategies.
MUNAFASUTRA
Weekly Support and Resistance Levels:
Support Levels:
S1: ₹1,222.60
S2: ₹1,211.65
S3: ₹1,202.25
Resistance Levels:
R1: ₹1,232.00
R2: ₹1,242.95
R3: ₹1,252.35
These weekly levels provide a broader perspective for traders considering positions over multiple days.
Technical Indicators:
Relative Strength Index (RSI): 27 (indicating potential oversold conditions)
Moving Averages:
5-Day Average: ₹1,217.59
20-Day Average: ₹1,265.37
50-Day Average: ₹1,477.68
These indicators suggest that the stock is currently experiencing bearish momentum, with the RSI indicating potential oversold conditions.
Please note that support and resistance levels, along with technical indicators, are tools to assist in trading decisions and should be used in conjunction with other analyses and risk management strategies.
Sensex Support & Resistance As of December 28, 2024, the S&P BSE Sensex closed at 78,723.97, marking an increase of 251.49 points (0.32%) from the previous close.
INVESTING
For the upcoming trading session, the following support and resistance levels have been identified based on pivot point analysis:
Resistance Levels:
R1: 78,851.64
R2: 78,919.22
R3: 78,969.83
Support Levels:
S1: 78,733.45
S2: 78,682.84
S3: 78,615.26
These levels are derived from the previous trading day's price range and can serve as potential indicators for intraday trading strategies.
Additionally, technical indicators provide further insights:
Relative Strength Index (RSI): 49.395 (Neutral)
Stochastic Oscillator (STOCH): 99.69 (Overbought)
Moving Averages:
MA5: 78,798.58 (Simple), 78,765.87 (Exponential)
MA10: 78,720.44 (Simple), 78,742.36 (Exponential)
MA20: 78,665.66 (Simple), 78,709.36 (Exponential)
MA50: 79,003.86 (Simple), 79,157.16 (Exponential)
These indicators suggest a neutral to slightly bullish trend in the short term.
Please note that support and resistance levels, along with technical indicators, are tools to assist in trading decisions and should be used in conjunction with other analyses and risk management strategies.
Cipla levelsSome info about Cipla
Limited is an Indian multinational pharmaceutical company headquartered in Mumbai. Cipla primarily focuses on developing medication to treat respiratory disease, cardiovascular disease, arthritis, diabetes, depression, paediatric and various other medical conditions. Cipla has 47 manufacturing locations across the world and sells its products in 86 countries. It is the third-largest drug producer in India
TATACONSUM Support & Resistance As of December 28, 2024, Tata Consumer Products Limited (TATACONSUM) closed at ₹925.40, reflecting a 2.65% increase from the previous close.
For the upcoming trading sessions, the following support and resistance levels have been identified based on various technical analyses:
Daily Support and Resistance Levels:
Support Levels:
S1: ₹902.05
S2: ₹903.19
Resistance Levels:
R1: ₹918.20
R2: ₹930.55
These levels are derived from recent trading data and can serve as potential indicators for intraday trading strategies.
Weekly Support and Resistance Levels:
Support Levels:
S1: ₹874.00
Resistance Levels:
R1: ₹1,060.00
These weekly levels provide a broader perspective for traders considering positions over multiple days.
Technical Indicators:
Relative Strength Index (RSI): 31.57 (Neutral)
Moving Averages:
5-Day Average: Data not available
20-Day Average: Data not available
50-Day Average: Data not available
These indicators suggest a neutral trend, with the RSI indicating neither overbought nor oversold conditions.
Please note that support and resistance levels, along with technical indicators, are tools to assist in trading decisions and should be used in conjunction with other analyses and risk management strategies.
BAJFINANCE Support & ResistanceAs of December 27, 2024, Bajaj Finance Limited (BAJFINANCE) closed at ₹6,832.00, reflecting an increase of ₹23.80 (0.35%) from the previous close.
For the upcoming trading sessions, the following support and resistance levels have been identified based on various technical analyses:
Daily Support and Resistance Levels:
Support Levels:
S1: ₹6,800.85
S2: ₹6,764.80
Resistance Levels:
R1: ₹6,921.80
R2: ₹6,957.85
These levels are derived from recent trading data and can serve as potential indicators for intraday trading strategies.
Weekly Support and Resistance Levels:
Support Levels:
S1: ₹6,823
S2: ₹6,779
S3: ₹6,702
Resistance Levels:
R1: ₹6,944
R2: ₹7,021
R3: ₹7,065
These weekly levels provide a broader perspective for traders considering positions over multiple days.
AXISBANK Support & Resistance As of December 28, 2024, Axis Bank Limited (AXISBANK) closed at ₹1,077.85, reflecting a slight increase of 0.09% from the previous close. Here are the identified support and resistance levels:
Daily Support and Resistance Levels
Support Levels:
S1: ₹1,071.60
S2: ₹1,068.73
S3: ₹1,060.83
Resistance Levels:
R1: ₹1,081.85
R2: ₹1,084.65
R3: ₹1,100.53
Weekly Support and Resistance Levels
Support Levels:
S1: ₹1,069.00
S2: ₹1,061.00
S3: ₹1,049.00
Resistance Levels:
R1: ₹1,089.00
R2: ₹1,101.00
R3: ₹1,108.00
Technical Indicators
Relative Strength Index (RSI): 27 (indicating potential oversold conditions)
Moving Averages:
5-Day Average: Not available
20-Day Average: Not available
50-Day Average: Not available
These support and resistance levels, along with technical indicators, provide a framework for assessing potential price movements. Use these insights in conjunction with broader market analysis and risk management strategies.
technical lecture class 2Technical 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.
Technical trading is a broader style that is not necessarily limited to trading. Generally, a technician uses historical patterns of trading data to predict what might happen to stocks in the future. This is the same method practiced by economists and meteorologists: looking to the past for insight into the future.
how to draw support & resistance Open a price chart. The first step is to identify the instrument you want to analyze. ...
Find the significant highs and lows. ...
Draw the support and resistance lines. ...
Check for validity. ...
Support. ...
Resistance. ...
Horizontal support and resistance levels. ...
Trendline support and resistance.
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 Results show that migration to a MongoDB database would be most beneficial in terms of cost, storage space, and throughput. In addition, organisations wishing to take advantage of autoscaling and the maintenance power of the cloud should opt for a cloud native solution.
Charges / registration: The online database ist free. A registration or a subscription is possible but not necessary. Registered users can download larger amounts of data per extraction and can save the data extractions in their own profile. Monthly Comtrade database requires registration.
PCR in trading The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment.
High PCR (> 1) - This indicates more put options are being traded than call options, suggesting a bearish sentiment, and traders expect the market to go down. Low PCR (< 1) - This indicates more call options are being traded than put options, suggesting a bullish sentiment, and traders expect the market to go up.
The relative strength index (RSI)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 helpful for market participants in identifying trends. In a strong uptrend, the RSI typically stays between 40 and 90, with the 40-50 range acting as support. In a strong downtrend, the RSI ranges from 10 to 60, with the 50-60 range serving as resistance.
technical analysis in tradingTechnical analysis seeks to predict price movements by examining historical data, mainly price and volume. It helps traders and investors navigate the gap between intrinsic value and market price by leveraging techniques like statistical analysis and behavioral economics.
What are the best technical analysis indicators for day traders? The best technical indicators for day trading are the RSI, Williams Percent Range, and MACD. These measurements show overbought and oversold levels on a chart and can help predict where a price is likely to go next, based on past performance.
ADX learn in trading The Average Directional Index (ADX) is a technical analysis tool that measures the strength of trends. It is a standard analytical tool provided by most trading platforms. To quantify a trend's strength, the calculation of the ADX is based on the moving average (MA) of a price range expansion over a certain timeframe.
The traditional setting for the ADX indicator is 14 time periods, but analysts have commonly used the ADX with settings as low as 7 or as high as 30. Lower settings will make the average directional index respond more quickly to price movement but tend to generate more false signals.
BPCL Levels As of December 26, 2024, Bharat Petroleum Corporation Limited (BPCL) closed at ₹295.50.
Support and Resistance Levels:
Resistance Levels:
R1: ₹299.08
R2: ₹302.57
R3: ₹305.83
Support Levels:
S1: ₹292.33
S2: ₹289.07
S3: ₹285.58
These levels suggest that if BPCL's stock price rises, it may encounter resistance around ₹299.08 to ₹305.83. Conversely, if the price declines, it may find support between ₹285.58 and ₹292.33.
Technical Indicators:
Moving Averages:
5-Day Average: ₹290.60
20-Day Average: ₹295.65
50-Day Average: ₹305.38
200-Day Average: ₹418.84
The stock is trading below its 50-day and 200-day moving averages, indicating a bearish trend.
MACD (12,26,9):
MACD Line: 293.49
Signal Line: 297.32
Histogram: -3.8
The negative MACD value suggests bearish momentum.
ADX (14):
ADX Value: 21.13
+DI (Positive Directional Indicator): 13.78
-DI (Negative Directional Indicator): 21.16
An ADX value around 21 indicates a weak trend, with the negative directional indicator suggesting selling pressure.
RSI (14):
RSI Value: 41.77
An RSI below 50 indicates bearish momentum.
Please note that stock prices are influenced by various factors, and past performance does not guarantee future results. It's advisable to conduct thorough research or consult a financial advisor before making investment decisions.
KOTAKBANK LevelKOTAKBANK
Resistance 1900 Watching above 1902 for upside movement ...
Support area 1770 Below 1785 ignoring upside momentum for intraday
Support 1770 Watching below 1569 or downside movement ...
Resistance area 1900
Above 1785 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
SWIGGY LevelsAs of December 26, 2024, Swiggy Limited (NSE: SWIGGY) closed at ₹559.05.
Support and Resistance Levels:
Resistance Levels:
R1: ₹597.39
R2: ₹612.57
R3: ₹627.14
Support Levels:
S1: ₹567.64
S2: ₹553.07
S3: ₹537.89
These levels suggest that if the stock price rises, it may encounter resistance around ₹597.39 to ₹627.14. Conversely, if the price declines, it may find support between ₹537.89 and ₹567.64.
These support and resistance levels are based on pivot point calculations, which are commonly used in technical analysis to identify potential price reversal points.
Please note that stock prices are influenced by various factors, and past performance does not guarantee future results. It's advisable to conduct thorough research or consult a financial advisor before making investment decisions.
RELIANCE Support and Resistance As of December 26, 2024, Reliance Industries Limited (RELIANCE) closed at ₹1,268.05.
Technical analysis indicates the following support and resistance levels:
Support Levels:
S1: ₹1,250.52
S2: ₹1,227.68
S3: ₹1,215.37
Resistance Levels:
R1: ₹1,285.67
R2: ₹1,297.98
R3: ₹1,320.82
These levels suggest that if the stock price declines, it may find support between ₹1,215.37 and ₹1,250.52. Conversely, upward movements may encounter resistance between ₹1,285.67 and ₹1,320.82.






















