Cipla Ltd view for Intraday 12th Jan #CIPLA
Cipla Ltd view for Intraday 12th Jan #CIPLA
Resistance 1500 Watching above 1505 for upside movement...
Support area 1470 Below 1485 ignoring upside momentum for intraday
Support 1470 Watching below 1468 or downside movement...
Resistance area 1500
Above 1485 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Support
TATASTEEL on a 1-Day Chart:Support and Resistance for TATASTEEL on a 1-Day Chart:
Support Levels:
Recent Lows: Look for the most recent significant low where the stock price has reversed and started rising again.
Previous Swing Lows: This refers to the lowest points over the past few days or weeks.
Psychological Levels: Round numbers such as ₹1000, ₹1100, or ₹1200 are often key support levels.
Resistance Levels:
Recent Highs: Identify recent peaks where the stock has faced selling pressure and reversed.
Previous Swing Highs: Look for the highest price points from the last few days or weeks.
Psychological Resistance Levels: Round numbers such as ₹1300, ₹1400, or ₹1500 can act as resistance levels.
KOTAKBANK on a 1-Day Chart: KOTAKBANK on a 1-Day Chart:
Support Levels (on 1-day chart):
Recent Lows: Look at the most recent significant low points where the price of KOTAKBANK reversed and moved higher.
Previous Swing Lows: The last swing low from the prior days or weeks may act as support.
Psychological Levels: Round numbers (such as ₹1500, ₹1600) often act as support.
Resistance Levels (on 1-day chart):
Recent Highs: Identify the previous day's or week’s highs, as these will likely act as resistance points.
Previous Swing Highs: These are the levels where the stock faced selling pressure previously.
Psychological Resistance Levels: Round numbers (such as ₹1700, ₹1750) can act as resistance.
BPCL view for Intraday 11th Jan #BPCL
BPCL view for Intraday 11th Jan #BPCL
Resistance 270 Watching above 286 for upside movement...
Support area 270-280 Below 282 ignoring upside momentum for intraday
Watching below 270 or downside movement...
Above 270 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Bharati Airtel Ltd view for Intraday 11th Jan #BHARTIARTL
Bharati Airtel Ltd view for Intraday 11th Jan #BHARTIARTL
Resistance 1600 Watching above 1750 for upside movement...
Support area 1570 Below 1585 ignoring upside momentum for intraday
Support 1570 Watching below 1585 or downside movement...
Resistance area 1750
Above 1600 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
ICICI Bank Ltd view for Intraday 11th Jan #ICICIBANK
ICICI Bank Ltd view for Intraday 11th Jan #ICICIBANK
Resistance 1275 Watching above 1290 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,
TATAMOTORS, Positional Trade Duration: 2-3 months
#TATAMOTORS,
Positional Trade Duration: 2-3 months
Entry: 760-780
Targets: 946, 1042, 1165
Buy on Dips till 720
Reversal from support with strong volume.
Institutions expecting a strong earning in Feb and Dec sales have been good.
No buy or sell recommendation.
HDFC Bank Ltd view for Intraday 11th Jan #HDFCBANK
HDFC Bank Ltd view for Intraday 11th 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,
Reliance Industries Ltd view for Intraday 11th Jan #RELIANCE
Reliance Industries Ltd view for Intraday 11th Jan #RELIANCE
Resistance 1270 Watching above 1273 for upside movement...
Support area 1240 Below 1260 ignoring upside momentum for intraday
Watching below 1238 or downside movement...
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,
Zomato Ltd view for Intraday 11th Jan #ZOMATO
Zomato Ltd view for Intraday 11th Jan #ZOMATO
Resistance 255 Watching above 256 for upside movement...
Support area 250 Below 250 ignoring upside momentum for intraday
Support 250 Watching below 248 or downside movement...
Resistance area 255
Above 255 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
trading optionOptions 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.
Options trading is the practice of buying or selling options contracts. These contracts are agreements that give the holder the choice to buy or sell a collection of underlying securities at a set price by a specific date. Investors can, but don't have to, own the underlying security to purchase or sell an option
Option Chain part 2 An option chain lists all option contracts, including put and call option for given security. However, several traders focus on net change,' 'bid,' 'last price,' and 'ask,' columns to assess current market conditions. Option chain is also called the option matrix.
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.
option and database in trading An 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.
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.
technical analysisTechnical analysis is a method of evaluating the potential future performance of a stock by examining past market data, primarily price, and volume. This method aims to identify patterns, trends, and signals within the data to assist traders in forecasting future price movements.
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.
Price action trading In simple words, ' Price Action Trading is a trading technique in which a trader reads the market and makes subjective trading decisions based on the price movements, rather than relying on technical indicators or other factors.
Price action strategies can be highly profitable when applied correctly. Many traders, both beginners and experienced traders, prefer this method because it simplifies decision-making by focusing on price behavior rather than relying on technical indicators, often providing conflicting price action signals.
Option Chain in trading An option chain lists all option contracts, including put and call option for given security. However, several traders focus on net change,' 'bid,' 'last price,' and 'ask,' columns to assess current market conditions. Option chain is also called the option matrix.
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.
Advanced Divergence TradingThough, divergence is typically used by technical traders when the price is moving in the opposite direction of a technical indicator. Positive divergence signals price could start moving higher soon.
Strong divergence is the most reliable type of divergence, often signaling a significant reversal. It occurs when the price makes a new high or low, but the indicator fails to do so, indicating weakening momentum.
technical trading 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.
Technical Trades programs offer hands-on training, practical skills development, and industry-specific knowledge. These programs are designed to equip students with the technical skills and knowledge needed to enter the workforce directly after completion of their training.
Database in trading Price Data: Real-time and historical prices of stocks, commodities, and currencies.
Volume Data: Details on traded quantities within specific timeframes.
Order Book Data: Insights into buy and sell orders at different price levels.
Market Timestamps: Precise timing of trades and market events.
Postgres is an open-source production-ready database with lots of use cases. Mongo is a NoSQL alternative that can sometimes be much faster than SQL databases. Arctic is built upon Mongo to make it even more helpful for those who work with market data, as Arctic supports pandas dataframes and NumPy arrays by default
Spandana Spoorty Fin Ltd view for Intraday 10th Jan #SPANDANA
Spandana Spoorty Fin Ltd view for Intraday 10th Jan #SPANDANA
Resistance 480 Watching above 481 for upside movement...
Support area 475 Below 475 ignoring upside momentum for intraday
Support 475 Watching below 474 or downside movement...
Resistance area 480
Above 480 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,