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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,
NSE:INDUSINDBKLong
by UnknownUnicorn62517722
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,
NSE:MTARTECHLong
by UnknownUnicorn62517722
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,
NSE:GICRELong
by UnknownUnicorn62517722
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,
NSE:FIRSTCRYLong
by UnknownUnicorn62517722
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.
NSE:ASKAUTOLTDEducation
by TraderRahulPal
2
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.
NSE:NIFTYLong
by chartistamey
2
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
NSE:BANKNIFTYEducation
by SkyTradingZone
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.
NSE:HDFCBANKLong
by UnknownUnicorn62517722
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,
NSE:BHARTIARTLLong
by UnknownUnicorn62517722
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,
NSE:RELIANCELong
by UnknownUnicorn62517722
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,
NSE:TMPVLong
by UnknownUnicorn62517722
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,
NSE:MAXHEALTHLong
by UnknownUnicorn62517722
How to get profit by option chain in trading For long calls: If the underlying is above the strike price on expiration, the profit is the underlying price on expiry – strike price – premium paid per contract. If the underlying is at or below the strike price on expiration, the option has no value so your loss is the premium paid to buy the call option. Options trading can be one of the most lucrative ways to trade in the financial markets. Traders only have to put up a relatively small amount of money to take advantage of the power of options to magnify their gains, allowing them to multiply their money many times, often in weeks or months.
BSE:SENSEXEducation
by SkyTradingZone
2
What is Option Chain ?Options chain can be defined as the listing of all option contracts. It comes with two different sections: call and put. A call option means a contract that gives you the right but does not give you the obligation to buy an underlying asset at a particular price and within the option's expiration date. How does an option chain work? An option chain displays available call and put options for a specific underlying asset, with their strike prices, premiums, and open interest. It provides a snapshot of market sentiment and potential price movements.
NSE:BANKNIFTYEducation
by SkyTradingZone
2
OPTION 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. 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.
NSE:NIFTYEducation
by SkyTradingZone
1