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
Support
RSI divergence indicatorAn RSI divergence occurs when the indicator and price begin to reach different levels, indicating a change in momentum that precedes a change in price direction. For example, a bullish divergence occurs when the security makes a lower low but the indicator forms a higher low.
What is the best RSI setting for divergence?
What is the best RSI setting for divergence? The default RSI setting is a 14-period, which works well for most traders. However, shorter settings (like 7) increase signal sensitivity, while longer settings (like 21) reduce noise and offer more reliable signals, especially for long-term trading.
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,
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,
From Novice to Pro: Navigating Support & Resistance Like a BossGreetings to all. I trust that you are all thriving in both your personal lives and trading endeavors. Today, I present educational content aimed at understanding the concepts of support and resistance in chart analysis.
Support and resistance are key concepts in technical analysis used to identify potential price levels where an asset's price might reverse, stall, or consolidate. They are often visualized on a price chart and are critical for traders making decisions about entry, exit, and stop-loss levels.
1. Support:
Definition: Support is a price level at which a downward trend may pause or reverse due to a concentration of buying interest.
Why it works: Traders perceive this level as a "bargain," increasing demand and preventing further price drops.
Visualization: On a chart, support levels often appear as a horizontal line or a sloping line below the current price where previous price action reversed or consolidated.
Breakthroughs: If the price breaks below a support level, it may indicate a continuation of the downtrend.
2. Resistance:
Definition: Resistance is a price level where an upward trend might pause or reverse due to selling pressure or profit-taking.
Why it works: Traders perceive this level as "expensive," reducing demand and increasing selling activity.
Visualization: On a chart, resistance levels are horizontal or sloping lines above the current price where the price struggled to move higher in the past.
Breakthroughs: If the price breaks above a resistance level, it may indicate the start of a new upward trend.
Common Characteristics of Support and Resistance:
Role Reversal: Once a support level is broken, it often becomes a new resistance level, and vice versa.
Psychological Levels: Round numbers (e.g., $50, $100) often act as strong support or resistance due to psychological significance.
Volume Confirmation : High trading volume near these levels reinforces their strength.
Types of Support and Resistance:
Horizontal Lines: Based on past price action.
Trendlines : Diagonal lines formed by connecting higher lows (support) or lower highs (resistance) in a trend.
Moving Averages: Dynamic levels that adjust with price movement, often acting as support or resistance.
Fibonacci Retracement: Levels based on mathematical ratios indicating potential reversal zones.
How to Use Support and Resistance:
Entry Points: Buy near support levels or after a breakout above resistance.
Exit Points: Sell near resistance levels or after a breakdown below support.
Risk Management: Place stop-loss orders just below support (for long positions) or above resistance (for short positions).
Today, I decided to share some educational content, as my previous posts have primarily focused on trade ideas. I hope that you all would find this educational material valuable and engaging. If you appreciate this type of content, I encourage you to show your support by liking this post and following me for more educational insights in the future.
Nifty 50 - Portfolio Colour similar to color of Christmas?Year endings have historically been famous for a big correction and 2024 is no different.
As I had mentioned in my previous idea, 23900, 23300 are crucial support to Nifty and 24300, 24800 are strong resistances
We had seen a good bounce from 23300 to 24780 and then a good fall once 24300 was broken again.
23200-23300 will be a key level to understand next trend for Nifty.
As we can see, there is a confluence of trendlines and demand zone around 23200.
If we see a bear trap forming at this zone, one can expect 25000+ levels in January 2025.
But if 23200 is broken, bloodbath may continue till budget with next key support zones being 22700, 22000, 21500.
Market is going to be volatile as we are going to see a change in lot size of Nifty 50 from new year.
It is better to be sector specific for swing trading.
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.
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,
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,