RELIANCE Levels // 4 HOURHello Everyone 👋
Employee Stock Option Plans (ESOPs): Ahead of its anticipated initial public offering (IPO), Reliance Retail granted ESOPs worth ₹351 crore to 15 senior executives during the last financial year. The company issued 4.417 million shares at ₹796.5 per share to top-level employees, demonstrating its commitment to retaining and rewarding key leadership.
Reliance Retail, owned by Mukesh Ambani, is India’s largest retailer, serving 304 million registered customers and welcoming over 1.06 billion footfalls across its stores in the financial year 2023-24. Its diverse portfolio spans grocery, consumer electronics, fashion, lifestyle, and pharmaceuticals. Notable brands under Reliance Retail include Smart Bazaar, 7-Eleven, Fresh Signature, Freshpik, Netmeds (pharma), Tira (beauty), Reliance Digital, MyJio Store (electronics), and retail chains like Trends, Reliance Jewels, and Hamleys.
Techincalanalysis
BAJFINANCE Levels For Long or swing TradingChart Overview:
Current Price: ₹6,735.851.
Recent Performance:
1 day: +1.26%
5 days: +2.11%
1 month: +2.82%
6 months: +5.61%
Year to date: -6.45%
1 year: -5.00%
5 years: +106.50%
Support and Resistance Levels:
Pivot Points:
Resistance 1 (R1): ₹6,650.37
Resistance 2 (R2): ₹6,684.38
Resistance 3 (R3): ₹6,712.77
Pivot Point: ₹6,621.98
Support 1 (S1): ₹6,587.97
Support 2 (S2): ₹6,559.58
Support 3 (S3): ₹6,525.57
Fibonacci Pivot Points:
R1: ₹6,645.82
R2: ₹6,660.55
R3: ₹6,675.28
Nifty IT Levels For Long or swing TradingNifty IT Chart Overview:
Current Value: ₹24,7801.
Recent Performance:
1 day: +0.76%
5 days: +1.47%
1 month: +2.40%
6 months: +12.59%
Year to date: +15.11%
1 year: +29.61%
5 years: +127.45%
Key Data Points:
Volume: Not specified
Previous close: Not specified
Open: Not specified
Day’s range: Not specified
Recent Analyst Views (August 22nd):
Price was moving in a wide range for two days and broke out above the consolidation range.
Buy Above: ₹24,780
Stop Loss: ₹24,740
Targets: ₹24,820, ₹24,860, ₹24,890, and ₹24,920
Sell Below: ₹24,680
Stop Loss: ₹24,720
Targets: ₹24,640.
SENSEX Levels For Intraday or swing TradingSupport & Resistance Levels:
Buy Above: 81,100 (SENSEX Spot Levels)
Targets: 81,225, 81,343, and 81,5551.
Sell Below: 81,000 (SENSEX Spot Levels)
Targets: 80,900, 80,729, and 80,5551.
Recent Analysis (August 22, 2024):
Sensex made an all-time high at 82,129.49 on August 1, 2024, at the open of the day.
It corrected one cycle down near the level of 77,968 and found support near the lowest vibration above the cycle level (actual low: 78,295.86).
The fall was swift and completed within 16 bars.
Nifty-50 Levels For Intraday or swing TradingNifty 50 Chart Overview:
Current Value: ₹24,7801.
Recent Performance:
1 day: +0.76%
5 days: +1.47%
1 month: +2.40%
6 months: +12.59%
Year to date: +15.11%
1 year: +29.61%
5 years: +127.45%
Key Data Points:
Volume: Not specified
Previous close: Not specified
Open: Not specified
Day’s range: Not specified
Recent Analyst Views (August 22nd):
Price was moving in a wide range for two days and broke out above the consolidation range.
Buy Above: ₹24,780
Stop Loss: ₹24,740
Targets: ₹24,820, ₹24,860, ₹24,890, and ₹24,920
Sell Below: ₹24,680
Stop Loss: ₹24,720
Targets: ₹24,640.
Bank-Nifty Levels For Intraday or swing TradingBank Nifty Chart Overview:
Current Value: 51,278.75 INR.
Recent Performance:
1 day: +0.28%
5 days: +1.24%
1 month: +1.66%
6 months: +11.80%
Year to date: +6.41%
1 year: +15.91%
5 years: +87.15%
Key Data Points:
Volume: 111.42M
Previous close: 51,148.10 INR
Open: 51,214.05 INR
Day’s range: 50,938.10 — 51,404.70 INR
How To Draw Support and ResistanceHorizontal Support and Resistance Levels:
These are drawn using horizontal lines based on price points.
Support Levels: Identify areas where the market had difficulty breaking below. These levels often have a cluster of buy orders.
Resistance Levels: Represent price points where the market struggled to break above. Sellers tend to enter around these levels.
Round-Number Levels (Psychological Levels):
These occur around round exchange rates (e.g., 1.00, 1.10, 1.50).
Traders pay attention to these levels due to their psychological significance.
Trendline Support and Resistance:
Draw upward or downward sloping trendlines using at least two price points.
Trendlines help identify dynamic support and resistance.
ADVANCED PCR TRADING #NSE #BSE #Option'sWhat is the PCR Ratio?
The PCR measures the relative trading volume of put options (bearish bets) to call options (bullish bets) in the market.
It’s calculated as:PCR=Open Interest of Call Options / Open Interest of Put Options
Interpretation:
PCR > 1: Indicates bearish sentiment. More put options are being traded, suggesting traders are hedging against potential declines or speculating on downward moves.
PCR < 1: Signals bullish sentiment. More call options are traded, indicating traders expect price increases or are hedging short positions.
PCR = 1: Suggests a neutral sentiment where buying and selling pressures are balanced.
Why PCR Matters:
Sentiment Gauge: The PCR reflects market sentiment. Tracking changes helps you gauge optimism or pessimism.
Contrarian Indicator: Extremely high PCR may signal excessive pessimism, potentially leading to reversals.
BMW looking good; short term / long term; min 110% RoiAdd this to watchlist and wait for entry.👁️🗨️
For short term investment ;
Leave a " Like If you agree ".👍
.
Wait for small retracement & daily candle to close above - "82".
Trade carefully untill ENTRY level.
.
Entry: 82 / 65
target: 119 - 134- 150- 195
sl: 74 (82) / 55 (65)
major stoploss/ support: 55
.
.
Enter only if market Breaks
"Yellow box" mentioned.
.
.
Don't make complicated trade set-up.📈📉
Keep it " simple, focus on consistency "💹
Refer our old ideas for accuracy rate🧑💻
Follow for daily updates👍
.
Refer old posted idea attached below.
Nifty-50 Levels // 15 Min Support and ResistanceHello Everyone 👋
# On TradingView, the levels for Nifty-50 include:
Classic:
R1 (Resistance 1): 24,863.82
R2 (Resistance 2): 24,904.48
R3 (Resistance 3): 24,950.57
Pivot Point: 24,817.73
S1 (Support 1): 24,777.07
S2 (Support 2): 24,730.98
S3 (Support 3): 24,690.32
Bank-Nifty Levels // 15 Min Support and ResistanceHello Everyone 👋
# On TradingView, the levels for Bank-Nifty include:
Classic:
R1 (Resistance 1): ₹51,081.97
R2 (Resistance 2): ₹51,230.48
R3 (Resistance 3): ₹51,343.12
Pivot Point: ₹50,969.33
S1 (Support 1): ₹50,820.82
S2 (Support 2): ₹50,708.18
S3 (Support 3): ₹50,559.67
CRUDEOIL Levels // 45 Min Support and ResistanceHello Everyone 👋
# On TradingView, the levels for Crude Oil include:
Support: 7180-7160, 7120, 7000 (Solid support, even in OI data)
Resistance: 7250-7275, 7300, 7400.
For MCX Crude Oil, the intraday analysis suggests:
Support: Calculated using commodityquant’s advance pivot point formula
Resistance: Valid only for today’s session on a 5-15 minute chart
GBPUSD hovers at 29-month high on UK Bank HolidayGBPUSD licks its wounds at the highest level since March 2022 as the overbought RSI line jostles with an upside break of the ascending resistance line, now support around 1.3060. This breakout, along with strong MACD signals and a weaker US Dollar, could push the pair towards the 1.3440 level, where it meets the 78.6% Fibonacci retracement from May 2021 to September 2022. However, reaching the 1.3620 resistance level might be challenging for buyers.
On the flip side, the aforementioned resistance-turned-support line puts a floor under the GBPUSD prices around 1.3060. That said, the 1.3000 psychological magnet also acts as a short-term support for the Cable pair traders to watch. In a case where the Pound Sterling bears keep the reins past 1.3000, the 61.8% Fibonacci retracement, also known as the Golden Fibonacci Ratio, near 1.2780, quickly followed by the 200-week Exponential Moving Average (EMA) surrounding 1.2730, will act as the final defenses of the buyers.
Overall, GBPUSD is gearing up to test a long-term resistance line. With the UK on holiday and a cautious market awaiting US inflation data, the pair might pause its advance early this week.
Gabriel India Limited - Long Setup, Move is ON...#GABRIEL trading above Resistance of 335
Next Resistance is at 518
Support is at 183
Here are previous charts:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your financial advisor before taking any trade.
CRAFTSMAN [cup&handle]CRAFTSMAN
The chart seems to display a cup and handle formation, which is a bullish continuation pattern. After forming the "cup" (rounded bottom), the price consolidates, forming the "handle." The breakout from the handle typically signals a continuation of the upward trend .
The price appears to have broken out above the resistance level that was part of the handle, indicating a potential start of a new upward movement.
The price has broken out of a consolidation pattern, indicating bullish momentum.
The first and second target levels ("1st TRG" and "2nd TRG") are plotted above the current price, suggesting expected future resistance levels where the price might take a pause or reverse.
1]1st Target (TRG): The first target seems to be near ₹6,700.
2]2nd Target (TRG): The second target is closer to ₹7,800.
The breakout point around ₹5,700 could now act as a support level. If the price pulls back, this level might provide buying interest.
The breakout appears to be accompanied by an increase in volume, which is a positive sign, confirming the strength of the move.
Retest of Breakout: Watch for a potential retest of the breakout level around ₹5,700. If the price successfully holds above this level, it would further confirm the bullish trend.
Risk Management: Consider placing stop-loss orders below the breakout level or near the handle's low to manage risk effectively.
Trend Strength: Continue monitoring the volume and price action as the price approaches the target levels. If the volume decreases, it may indicate weakening momentum.
for MORE check in my Tv-id " in.tradingview.com "
If You LIKE👌👌 MY Idea ......Boost.🔥🔥🔥.. its.
"Disclosure : I am not Sebi-registered." This channel is for only educational purpose. Any profit/loss, I am not responsible.
Before taking any trade on our charts / calls, please consult your financial advisors. Thanks🙏🙏
Advanced Trading With DataBase #Nse #BseOptions Data APIs and Tools:
Investopedia: Provides insights on using options data for market direction.
IVolatility: Offers a deep database of options and futures prices, volatility, and analytical tools for traders and investors.
Polygon: Real-time options prices, historical data, and news for major options markets.
Optionistics: Offers free analysis tools, including price and volatility history, option calculators, and more.
Barchart: Provides an overview of today’s options market activity and unusual options activity5.
IDFC | Long Term | Cycle RepeatsThe lifecycle of a stock or asset can be broadly understood through a series of phases or stages that represent different patterns of price action. These stages help traders and investors identify where a stock might be in its cycle, and therefore make more informed decisions. Here's a breakdown of the typical lifecycle of a stock:
Stage 1: Accumulation (Consolidation)
Description: During this stage, the stock price moves within a relatively tight range, often after a significant decline or during periods of low market interest. This stage is characterized by low volatility and low trading volumes as institutional investors or informed insiders begin to accumulate shares without significantly moving the price.
Market Sentiment: Neutral to cautiously optimistic.
Price Action: The stock trades sideways, with minor ups and downs, creating a base or a foundation for the next move. This is also known as the consolidation phase.
Technical Indicators: Moving averages might flatten out, and other indicators like the Relative Strength Index (RSI) tend to stay neutral.
Stage 2: Markup (Rise)
Description: In this stage, the stock begins to rise steadily, often breaking out of the consolidation range established during Stage 1. This is when the broader market starts to take notice, and buying interest increases.
Market Sentiment: Bullish, with increasing optimism and momentum.
Price Action: The stock shows a clear uptrend, making higher highs and higher lows. The volume often increases as more participants enter the market.
Technical Indicators: Moving averages typically start to slope upward, and momentum indicators like the RSI often move into overbought territory, though they can stay elevated for extended periods during strong trends.
Stage 3: Distribution (Consolidation)
Description: After a significant rise in price, the stock enters another consolidation phase. This is where the stock price begins to level off after the uptrend, as early investors and institutions start to take profits.
Market Sentiment: Mixed to cautious. Some participants are still bullish, while others are looking to exit.
Price Action: The stock may trade within a range, similar to Stage 1, but typically at a higher price level. The volatility might increase as the market tries to determine the next direction.
Technical Indicators: Indicators like the RSI may show divergence (price making new highs while RSI makes lower highs), signaling weakening momentum. Volume might increase as selling pressure begins to meet or exceed buying pressure.
Stage 4: Mark Down (Bearish) or Markup (Bullish)
Description: This stage can diverge into two different directions:
Bearish (Markdown): If the stock breaks down from the Stage 3 consolidation range, it enters a downtrend. Selling accelerates as more investors look to exit, leading to a decline in the stock price.
Bullish (Further Markup): Alternatively, the stock might resume its upward movement, leading to another rise if the overall market conditions remain favorable and demand continues.
Market Sentiment:
Bearish: Sentiment turns negative, with increasing fear and pessimism.
Bullish: Sentiment remains positive, driven by continued optimism or external factors like strong earnings reports.
Price Action:
Bearish: The stock makes lower lows and lower highs, confirming the downtrend.
Bullish: The stock breaks out of the range to the upside, continuing its uptrend.
Technical Indicators:
Bearish: Moving averages may cross downward (e.g., the "death cross"), and RSI can drop into oversold territory.
Bullish: Moving averages continue to trend upwards, and RSI can remain in overbought territory.
Cycle Repeats:
Once Stage 4 completes, the cycle can begin a new. After a markdown (bearish phase), the stock might enter another accumulation (consolidation) phase as the price stabilizes, setting the stage for a new potential uptrend. Conversely, if the stock continues to rise in the bullish scenario, it may eventually enter a new distribution phase at a higher level.
Understanding these stages helps traders and investors to anticipate potential moves in the market, allowing them to position themselves accordingly.
Trading Management and Psychology #NSE #SMCTrading psychology is different for each trader, and it is influenced by the trader's emotions and biases. The two main emotions that are likely to impact the success or failure of a trade are greed or fear. Greed is defined as the excessive desire for profits that could affect the rationality and judgment of a trader.
Trading psychology is the emotional component of an investor's decision-making process, which may help explain why some decisions appear more rational than others. Trading psychology is characterized primarily by the influence of both greed and fear. Greed drives decisions that might be too risky.
Here are five ways to feel more in control of your emotions while trading.
Create Personal Rules. Setting your own rules to follow when you trade can help you control your emotions. ...
Trade the Right Market Conditions. ...
Lower Your Trade Size. ...
Establish a Trading Plan and Trading Journal. ...
Relax!
Advanced Data Base Option's Trading #NSE #BSEInstitutional options trading refers to the buying and selling of options contracts by large entities such as banks, pension funds, hedge funds, mutual funds, and other institutional investors. These institutions accumulate funds from various investors to trade on their behalf.
Options are financial derivatives that give the holder the right (but not the obligation) to buy (call option) or sell (put option) an underlying asset (such as stocks, commodities, or currencies) at a predetermined price (strike price) within a specified time frame (expiration date).
Here are some key points about institutional options trading:
1.Institutional Traders vs. Retail Traders:
*Institutional Traders: These traders manage accounts for institutions or groups. They trade larger volumes and have access to more exotic products, including complex options.
*Retail Traders: These traders operate personal accounts and typically trade smaller sizes of assets.
2.Advantages of Institutional Trading:
*Access to a wide range of financial instruments, including exotic options.
*Ability to execute large trades efficiently due to their substantial funds.
*Influence on market prices due to their significant trading volumes.
3.Service Providers Used by Institutional Trading Firms:
* Bloomberg
* Thomson Reuters
* Factset
* Marketwatch
4.Educational Requirements and Job Opportunities:
*Becoming an institutional trader often requires a strong educational background in finance, economics, or related fields.
*Job opportunities include roles in trading, risk management, and portfolio management.
5.Earnings:
*Institutional traders can earn substantial salaries, but compensation varies based on experience, performance, and the institution.
Remember that institutional trading strategies involve careful analysis, calculated moves, and a long-term perspective, as these traders significantly impact market dynamics.
Bank-nifty Long Term Levels #InvestingCertainly! When it comes to long-term investing in Bank Nifty, here are some strategies you might find useful:
Buy and Hold Strategy: This approach involves purchasing Bank Nifty index funds or individual banking stocks and holding them for an extended period. Over time, the market tends to grow, and this strategy allows you to benefit from compounding effects.
Nifty Bank Index (NSEBANK): The Nifty Bank Index represents the performance of the banking sector in India. It includes major banking stocks listed on the National Stock Exchange (NSE).
Here are the latest details for NSEBANK:
Current Price: ₹50,578.55
Day’s Range: ₹50,149.25 - ₹50,830.70
52-Week Range: ₹42,105.40 - ₹53,357.70
Banknifty Long Levels #NSECertainly! The Bank Nifty (BANKNIFTY) is an index that tracks the performance of the banking sector in the Indian stock market. Here are some key points related to Bank Nifty levels:
Intraday Trade Setup for August 6, 2024:
Bullish Scenario:
Buy above: 49,860
Stop Loss: 49,780
Targets: 49,940, 50,020, 50,100, 50,220, and 50,400
Bearish Scenario:
Sell below: 49,640
Stop Loss: (not specified)
Symmetric Triangle Targets Met:
Bank Nifty successfully hit both targets from the recent symmetric triangle pattern within two days. It is now consolidating near the 15-minute and 1-hour support levels.
Immediate Support: 49,620
Immediate Resistance: 50,420 and 50,700
Inverse Head and Shoulders (H&S) and Falling Wedge:
Bank Nifty has formed a falling wedge and an inverse Head and Shoulders pattern.
The crucial level of 50% retracement on the Fibonacci Levels from the bottom created on the election day result is relevant.
Long Levels:
Bank Nifty Index Long Levels are not specified in the provided data.
Bank nifty Levels for Intraday Certainly! Intraday trading in the Bank Nifty involves closely monitoring key levels to make informed decisions. Here are some relevant levels for today:
Resistance Level: Around 50500 (expected opening level). If there’s a reversal confirmation at this level, it could lead to a bearish trend continuation, potentially resulting in a downside rally of 400-500 points.
Support & Resistance Trend Lines: Consider the daily chart’s support and resistance trend lines. Additionally, keep an eye on the Previous Day High (PDH) and Previous Day Low (PDL) levels, which often act as crucial support and resistance points during live market hours.
Remember that intraday trading involves risk, so always use proper risk management techniques and stay updated with real-time market movements