ICICI Bank Ltd view for Intraday 7th Jan #ICICIBANK
ICICI Bank Ltd view for Intraday 7th Jan #ICICIBANK
Resistance 1275 Watching above 1277 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,
Support
Lupin Ltd view for Intraday 7th Jan #LUPIN
Lupin Ltd view for Intraday 7th Jan #LUPIN
Resistance 2400 Watching above 2406 for upside movement...
Support area 2310 Below 2470 ignoring upside momentum for intraday
Support 2310 Watching below 2297 or downside movement...
Resistance area 2400
Above 2335 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Pre Market analysis for 07/01/2025
Pre Market analysis for 07/01/2025
#NIFTY50
If market opens flat and breaks 23550 will plan for selling for targets 23450 level.
If market opens gap down, and sustains below 23550, then plan for selling for target 23450. level.
If market opens gap up, and sustains above 23750 level, then plan for buying for target 23900 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Pre Market analysis for 07/01/2025
Pre Market analysis for 07/01/2025
#NIFTYBANK
If market opens flat and breaks 49700 level, will plan for selling for target 49500 level.
If market opens gap down, and sustains below 49800 will plan for selling for target 49400.
If market opens gap up, and breaks above 50200 level, then plan for buying for target 50700.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
ADX indicator in Trading 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.
The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy.
Technical trading Technical 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.
Deep information for 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.
Option trading gives the buyer the right but not the obligation to buy (call option) or sell (put option) a certain underlying asset at a predetermined price within a stipulated period. Options trading involves strategies that provide traders with various market positions to make gains or mitigate the spot market risk.
IREDA Levels
IREDA is currently trading at 230.55, and I am anticipating a bullish price movement. My initial target is 240.00, aligning with a significant previous quarter's high, which could act as a liquidity pool where buy-side orders may rest. A move to this level would suggest the market is efficiently drawing liquidity upward. My final target is 310.00, corresponding to the previous year's highs, representing a larger liquidity draw. Observing how price trades through these levels can provide insight into the market's delivery process and the institutional order flow.
#IREDA
Pre Market analysis for 06/01/2025
Pre Market analysis for 06/01/2025
#NIFTYBANK
If market opens flat and breaks 50900 level, will plan for selling for target 50500 level.
If market opens gap down, and sustains below 50900 will plan for selling for target 50500.
If market opens gap up, and breaks above 51400 level, then plan for buying for target 51700.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
Pre Market analysis for 06/01/2025
Pre Market analysis for 06/01/2025
#NIFTY50
If market opens flat and breaks 24050 will plan for buying for targets 24150,24250 levels.
If market opens gap down, and breaks 23900, then plan for selling for target 23700. level.
If market opens gap up, and sustains above 24100 level, then plan for buying for target 24250 level.
Disclaimer:-All views are my personal and only for educational purpose.
#StockMarketIndia
#LetsLearnTogether
ITC Ltd view for Intraday 6th Jan #ITC
ITC Ltd view for Intraday 6th Jan #ITC
Resistance 485 Watching above 485 for upside movement...
Support area 475 Below 480 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,
Quess Corp Ltd view for Intraday 6th Jan #QUESS
Quess Corp Ltd view for Intraday 6th Jan #QUESS
Resistance 690-692 Watching above 692 for upside movement...
Support area 685 Below 685 ignoring upside momentum for intraday
Support 685 Watching below 684 or downside movement...
Resistance area 690
Above 680 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 6th Jan #ICICIBANK
ICICI Bank Ltd view for Intraday 6th Jan #ICICIBANK
Resistance 1275 Watching above 1277 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,
HDFC Bank Ltd view for Intraday 6th Jan #HDFCBANK
HDFC Bank Ltd view for Intraday 6th 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,
Lupin Ltd view for Intraday 6th Jan #LUPIN
Lupin Ltd view for Intraday 6th Jan #LUPIN
Resistance 2400 Watching above 2406 for upside movement...
Support area 2310 Below 2360 ignoring upside momentum for intraday
Support 2310 Watching below 2297 or downside movement...
Resistance area 2400
Above 2330 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Nifty key levels for 06.01.2025Nifty key levels for 06.01.2025
If nifty breaks the upper or lower range we can expect the momentum. Consolidation zone will be favour to option sellers. Either side breakout will help option buyers.
Disclaimer:
Views are purely educational in nature. You are solely responsible for any decisions you take on basis of my research
how to draw support & resistance Support: Draw a horizontal line along the most recent low or lows where price reversed or consolidated. This will mark the support zone. Resistance: Draw a horizontal line along the most recent high or highs where price reversed or faced rejection. This will mark the resistance zone
Support and resistance can be found in all charting time periods; daily, weekly, and monthly. Traders also find support and resistance in smaller time frames like one-minute and five-minute charts. But the longer the time period, the more significant the support or resistance.
Option and Database trading The Bottom Line. 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.
Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index.
RSI in trading The relative strength index (RSI) is a momentum indicator that measures recent price changes as it moves between 0 and 100. The RSI provides short-term buy and sell signals and is used to track the overbought and oversold levels of an asset.
It can signal when to buy and sell. Traditionally, an RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition. The RSI is one of the most popular technical indicators, and it is generally available on most trading platforms offered by online stock brokers.
option trading part 2Options 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.






















