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BAJFINANCE Support & ResistanceAs of December 27, 2024, Bajaj Finance Limited (BAJFINANCE) closed at ₹6,832.00, reflecting an increase of ₹23.80 (0.35%) from the previous close. For the upcoming trading sessions, the following support and resistance levels have been identified based on various technical analyses: Daily Support and Resistance Levels: Support Levels: S1: ₹6,800.85 S2: ₹6,764.80 Resistance Levels: R1: ₹6,921.80 R2: ₹6,957.85 These levels are derived from recent trading data and can serve as potential indicators for intraday trading strategies. Weekly Support and Resistance Levels: Support Levels: S1: ₹6,823 S2: ₹6,779 S3: ₹6,702 Resistance Levels: R1: ₹6,944 R2: ₹7,021 R3: ₹7,065 These weekly levels provide a broader perspective for traders considering positions over multiple days.
NSE:BAJFINANCELong
by EmpireCrown
AXISBANK Support & Resistance As of December 28, 2024, Axis Bank Limited (AXISBANK) closed at ₹1,077.85, reflecting a slight increase of 0.09% from the previous close. Here are the identified support and resistance levels: Daily Support and Resistance Levels Support Levels: S1: ₹1,071.60 S2: ₹1,068.73 S3: ₹1,060.83 Resistance Levels: R1: ₹1,081.85 R2: ₹1,084.65 R3: ₹1,100.53 Weekly Support and Resistance Levels Support Levels: S1: ₹1,069.00 S2: ₹1,061.00 S3: ₹1,049.00 Resistance Levels: R1: ₹1,089.00 R2: ₹1,101.00 R3: ₹1,108.00 Technical Indicators Relative Strength Index (RSI): 27 (indicating potential oversold conditions) Moving Averages: 5-Day Average: Not available 20-Day Average: Not available 50-Day Average: Not available These support and resistance levels, along with technical indicators, provide a framework for assessing potential price movements. Use these insights in conjunction with broader market analysis and risk management strategies.
NSE:AXISBANKLong
by EmpireCrown
technical lecture class 2Technical 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.
NSE:BANKNIFTYEducation
by SkyTradingZone
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.
BSE:SENSEXEducation
by SkyTradingZone
PCR in trading The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment. High PCR (> 1) - This indicates more put options are being traded than call options, suggesting a bearish sentiment, and traders expect the market to go down. Low PCR (< 1) - This indicates more call options are being traded than put options, suggesting a bullish sentiment, and traders expect the market to go up.
BSE:SENSEXEducation
by SkyTradingZone
ADX learn in trading The Average Directional Index (ADX) is a technical analysis tool that measures the strength of trends. It is a standard analytical tool provided by most trading platforms. To quantify a trend's strength, the calculation of the ADX is based on the moving average (MA) of a price range expansion over a certain timeframe. The traditional setting for the ADX indicator is 14 time periods, but analysts have commonly used the ADX with settings as low as 7 or as high as 30. Lower settings will make the average directional index respond more quickly to price movement but tend to generate more false signals.
NSE:NIFTYEducation
by SkyTradingZone
BPCL Levels As of December 26, 2024, Bharat Petroleum Corporation Limited (BPCL) closed at ₹295.50. Support and Resistance Levels: Resistance Levels: R1: ₹299.08 R2: ₹302.57 R3: ₹305.83 Support Levels: S1: ₹292.33 S2: ₹289.07 S3: ₹285.58 These levels suggest that if BPCL's stock price rises, it may encounter resistance around ₹299.08 to ₹305.83. Conversely, if the price declines, it may find support between ₹285.58 and ₹292.33. Technical Indicators: Moving Averages: 5-Day Average: ₹290.60 20-Day Average: ₹295.65 50-Day Average: ₹305.38 200-Day Average: ₹418.84 The stock is trading below its 50-day and 200-day moving averages, indicating a bearish trend. MACD (12,26,9): MACD Line: 293.49 Signal Line: 297.32 Histogram: -3.8 The negative MACD value suggests bearish momentum. ADX (14): ADX Value: 21.13 +DI (Positive Directional Indicator): 13.78 -DI (Negative Directional Indicator): 21.16 An ADX value around 21 indicates a weak trend, with the negative directional indicator suggesting selling pressure. RSI (14): RSI Value: 41.77 An RSI below 50 indicates bearish momentum. Please note that stock prices are influenced by various factors, and past performance does not guarantee future results. It's advisable to conduct thorough research or consult a financial advisor before making investment decisions.
NSE:BPCLLong
by EmpireCrown
Sensex LevelsAs of December 26, 2024, the S&P BSE Sensex closed at 78,472.48. Support and Resistance Levels: Resistance Levels: R1: 78,900 R2: 79,450 R3: 80,000 Support Levels: S1: 78,000 S2: 77,500 S3: 77,000 These levels indicate potential zones where the Sensex might face buying or selling pressure: If the index moves upwards, it may face resistance near 78,900 or higher at 79,450. If it declines, it could find support around 78,000 or lower near 77,500. Technical Observations: The current trend shows consolidation near the 78,500 mark, with RSI in a neutral zone indicating balanced momentum. A breach of 79,000 could signal bullish momentum, while a drop below 78,000 may indicate further weakness.
BSE:SENSEXLong
by EmpireCrown
SWIGGY LevelsAs of December 26, 2024, Swiggy Limited (NSE: SWIGGY) closed at ₹559.05. Support and Resistance Levels: Resistance Levels: R1: ₹597.39 R2: ₹612.57 R3: ₹627.14 Support Levels: S1: ₹567.64 S2: ₹553.07 S3: ₹537.89 These levels suggest that if the stock price rises, it may encounter resistance around ₹597.39 to ₹627.14. Conversely, if the price declines, it may find support between ₹537.89 and ₹567.64. These support and resistance levels are based on pivot point calculations, which are commonly used in technical analysis to identify potential price reversal points. Please note that stock prices are influenced by various factors, and past performance does not guarantee future results. It's advisable to conduct thorough research or consult a financial advisor before making investment decisions.
NSE:SWIGGYLong
by EmpireCrown
RELIANCE Support and Resistance As of December 26, 2024, Reliance Industries Limited (RELIANCE) closed at ₹1,268.05. Technical analysis indicates the following support and resistance levels: Support Levels: S1: ₹1,250.52 S2: ₹1,227.68 S3: ₹1,215.37 Resistance Levels: R1: ₹1,285.67 R2: ₹1,297.98 R3: ₹1,320.82 These levels suggest that if the stock price declines, it may find support between ₹1,215.37 and ₹1,250.52. Conversely, upward movements may encounter resistance between ₹1,285.67 and ₹1,320.82.
NSE:RELIANCELong
by EmpireCrown
OBEROIRLTY Support & Resistance As of December 26, 2024, Oberoi Realty Limited (OBEROIRLTY) closed at ₹2,290.50, marking a 1.25% increase from the previous close of ₹2,262.30. MARKETWATCH The stock's 52-week range spans from a low of ₹1,268.15 to a high of ₹2,341.15, reached on December 17, 2024. FINANCIAL MARKETS Technical analysis indicates the following support and resistance levels: Support Levels: ₹2,210 ₹2,172 ₹2,108 EQUITYPANDIT Resistance Levels: ₹2,312 ₹2,376 ₹2,444.45 EQUITYPANDIT BAZAAR TREND These levels suggest that if the stock price declines, it may find support between ₹2,108 and ₹2,210. Conversely, upward movements may encounter resistance between ₹2,312 and ₹2,444.45. Additionally, pivot point analysis provides the following levels: Daily Pivot Points: Pivot: ₹2,328.47 Support 1 (S1): ₹2,284.88 Resistance 1 (R1): ₹2,366.43 TOP STOCK RESEARCH Weekly Pivot Points: Pivot: ₹2,347.43 Support 1 (S1): ₹2,241.52 Resistance 1 (R1): ₹2,447.07 TOP STOCK RESEARCH These pivot points can serve as additional indicators for potential price movements. It's important to note that stock prices are influenced by various factors, and past performance does not guarantee future results. It's advisable to conduct thorough research or consult a financial advisor before making investment decisions.
NSE:OBEROIRLTYLong
by EmpireCrown
HDFCBANK Levels As of December 26, 2024, HDFC Bank's stock (HDFCBANK) closed at ₹1,798.10. The stock has been trading below its 52-week high of ₹1,880.00, reached on December 9, 2024. Technical analysis indicates the following support and resistance levels: Support Levels: ₹1,777 ₹1,763 ₹1,746 Resistance Levels: ₹1,808 ₹1,826 ₹1,840 These levels suggest that if the stock price declines, it may find support around ₹1,746 to ₹1,777. Conversely, upward movements may encounter resistance between ₹1,808 and ₹1,840. Additionally, pivot point analysis provides the following levels: Daily Pivot Points: Pivot: ₹1,794.50 Support 1 (S1): ₹1,777.00 Resistance 1 (R1): ₹1,808.25 Weekly Pivot Points: Pivot: ₹1,802.83 Support 1 (S1): ₹1,735.72 Resistance 1 (R1): ₹1,838.62 These pivot points can serve as additional indicators for potential price movements. It's important to note that trading volumes have been below the 50-day average, which may influence price volatility. For instance, on December 26, 2024, the trading volume was 5,240,839 shares. Please remember that stock prices are influenced by various factors, and past performance does not guarantee future results. It's advisable to conduct thorough research or consult a financial advisor before making investment decisions.
NSE:HDFCBANKLong
by EmpireCrown
If TATA MOTORS breaks the price band and resistance If TATA MOTORS breaks the price band and resistance of 764.75 It's a BUY a signal MACD is about to cross and RSI has also increased. It might come back to the level of 764 for retracement to achieve the the TARGET of 927 and keep SL of 649. TARGET 1-927 TARGET 2-1015 SL-649 The information provided here is for educational and informational purposes only. I am not a SEBI-registered financial advisor, and any suggestions or opinions expressed are solely based on personal research and analysis. Please conduct your own due diligence or consult with a licensed financial advisor before making any investment decisions. Trading in the stock market involves risk, and you should be aware of your own risk tolerance and financial goals before making any investment
NSE:TATAMOTORSLong
by EmpireCrown
PCR in trading The Put-Call Ratio (PCR) is a popular technical indicator used by investors to assess market sentiment. It is calculated by dividing the volume or open interest of put options by call options over a specific time period. A higher PCR suggests bearish sentiment, while a lower PCR indicates bullish sentiment. However, no PCR can be considered ideal, but usually, a PCR below 0.7 is typically viewed as a strong bullish sentiment while a PCR more than 1 is usually considered as a strong bearish sentiment.
BSE:SENSEXEducation
by SkyTradingZone
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.
NSE:BANKNIFTY1!Education
by SkyTradingZone
Option and Database trading Traders use an options chain to choose the specific option contracts that best align with their trading strategy. They can select options with the desired strike prices and expiration dates based on their market outlook. Options chains are crucial for assessing and managing risk. Rupeezy, Upstox, and Zerodha offer the best option trading apps in the market because their innovative trading platform allows traders to seamlessly analyze and trade in the market.
NSE:IGLEducation
by SkyTradingZone
1
MACD In Trading The Moving Average Convergence/Divergence indicator is a momentum oscillator primarily used to trade trends. Although it is an oscillator, it is not typically used to identify over bought or oversold conditions. It appears on the chart as two lines which oscillate without boundaries. Traders often use MACD with longer-term moving averages like the 50-day or 200-day moving average. If the price is above these averages and MACD signals a buy, it reinforces the bullish trend. On the flip side, if the price is below the moving averages and MACD signals a sell, it indicates a strong bearish trend.
NSE:IGLEducation
by SkyTradingZone
1
Learn Option in 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. Or as it's conveniently named, 1 Long put closer to the money, 1 short put further from the money, and 2 more short puts even further from the money. Preferably, as far away as possible while maintaining a net credit for the trade.
NSE:NIFTYEducation
by SkyTradingZone
RSI in trading The relative strength index (RSI) is a momentum indicator used in technical analysis. RSI measures the speed and magnitude of a security's recent price changes to detect overbought or oversold conditions in the price of that security. The RSI is helpful for market participants in identifying trends. In a strong uptrend, the RSI typically stays between 40 and 90, with the 40-50 range acting as support. In a strong downtrend, the RSI ranges from 10 to 60, with the 50-60 range serving as resistance.
NSE:NIFTYEducation
by SkyTradingZone