Option And Data Base Trading OptionMetrics provides the highest quality and most comprehensive historical options data on the market today. Leading investment and academic institutions worldwide rely on the accuracy of our options data to measure volatility, assess risk, and analyze investment strategies.
By analysing the information provided in the option chain, traders can identify potential trading opportunities and make informed decisions about buying or selling options contracts. Option chains are used by traders to analyse and evaluate the market's expectations of an asset's future price movements.
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Technical Analysis 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.
What exactly are the two types of technical analysis? Chart patterns and technical (statistical) indicators are the two main types of technical analysis. Chart patterns are a subjective type of technical analysis in which technicians use certain patterns to indicate regions of support and resistance on a chart.
Brent Crude Oil Alert: Bearish Pattern Forming!The Brent Crude Oil chart is shaping up into a decreasing triangle pattern, signaling a potential breakdown ahead.
🔑 Key Highlights:
• Lower highs forming resistance
• Strong horizontal support being tested
• Bearish momentum building
💡 What to Watch For:
A break below the support line could trigger a sharp downside move. Traders, stay sharp and manage your risk wisely!
#OilMarket #BrentCrude #TechnicalAnalysis #TradingAlert #ForexTrading #CrudeOilBreakdown
What’s your take on this setup? Share your thoughts below! ⬇️
Union Bank Charts: Time to Buy or sell?After closely analyzing the Union Bank chart we have observed that
1) On weekly Tf, Union bank is trading with a bullish bias and currently its trading on a retracement move.
For any buying opportunity we look for any change in Trend on lower Tf usually in 1Day or 4 HR chart.
2) On Daily Tf, Union bank is following the market structure of LH & LL, and looking at the very recent move the trend has been shifted to bullish.
We can see on the chart that the previous LH is getting liquidated & market has formed a ned HH, indicating a switch in Market structure.
We will look for only Buy opportunity when the price comes down to the FVG & OB on the daily tf. Entry on FVG or OB will help us to follow the smart money inflow.
This is for educational purposes only. Please have your own research before investing.
Gold resuming the decline As discussed in last week posts and weekly analysis video also, price is resuming the decline cycle and seems like breaking down the rising wedge pattern, On Friday gold price tested the fib 50% level and now moving down , 2650-65 is the main resistance zone now and under this we can look for sell opportunities , today we have extreme narrow CPR which can add a very good one sided move, as I am holding sell trade from last week I am expecting a test near 2600 area first where I am planning to book profit partially from some positions because under 2600 we have weekly S1(2596) where we can expect a short bounce (but I do not want to buy as of now) and I want to hold rest of the sell entries towards 2530.
If bears managed to close the day under 2600 then this can add another confirmation for more decline.
Gold is in Range : Sell is still favourable Gold price is consolidating within the 2,620-2,650 range for the last five trading days, we have seen multiple attempts by gold on 2650 Level but failed to sustain above this level. Today also gold trading in a narrow range of 2634-2644,remaining near yesterday's closing price, On the hourly chart we can see that price is forming a tringle structure and breakout from this structure in any side can generate good move, as we are in correction so Probably, the main scenario is a continuation of the downward movement to 2620 and if breakdown from there then we can see price under 2600 soon.
IRCTC Descending Channel breakout to watch.Descending Channel:
The price is trending downwards within a well-defined descending channel (yellow lines), with lower high and lower lows indicating a bearish trend.
Key Support and Resistance Levels:
Support:
788.50 appears to be a strong support level, as shown by the blue horizontal line, below that it can move towards 725 represents a more significant lower support level.
Resistance:
850 being the previous high and immediate resistance.
914.75 is resistance levels within the current channel.
A breakout above the 993.65 resistance could indicate further bullish momentum which till for new all time high.
RSI (Relative Strength Index):
The RSI is hovering near 53.64, It indicates a neutral to slightly bullish sentiment.
Recent Price Action:
The price has bounced off the 788.50 support and is attempting to move upward, nearing the channel's upper boundary. A breakout from the channel could signal a trend reversal.
Volume:
Volume appears moderate, which might suggest the need for stronger buying interest to sustain an upward breakout.
Potential Strategies:
Bullish Scenario: If the price breaks above the descending channel and closing above 850 resistance with strong volume, it could indicate a bullish trend reversal till 914.75
Bearish Scenario: A rejection at the channel's upper boundary or resistance levels of 850 may lead to further downside toward 725 or even 670.
Disclaimer -
The information provided herein is for educational purposes only. It does not constitute financial, investment, or trading advice. Consult a qualified financial advisor before making any financial decisions.
We are not liable for any monetary loss, that may arise directly or indirectly from the use of information provided
Lecher for Option TraderEven if you are a beginner, options trading can be a good call. However, make sure you have an online broker to help you and a margin account ready. When your options trading is approved, the orders can be entered to trade these options.
For instance, consider buying a call option for 100 shares of Company X at a strike price of Rs. 110, with an expiry on December 1. If, on December 1, Company X shares trade above Rs. 110, you can exercise the option, buying shares at a lower price to profit from the market price.
Professional option TradingWhen 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.
Trading options offers a number of benefits for an active trader: Options can offer high returns and do so over a short period, allowing you to multiply your money quickly if your wager is right. With options, it can cost less to get the same exposure to a stock's price movement than it does to buy the stock directly.
Zuari looks good for a long position. Wait for a close above 258. Volumes are picking up with price movement.
Risky trade as the stock tends to give deep pullbacks. At present, the breakout candle is forming an upper long wick.
Safe traders wait for a close, deploy 30-40% now and wait for a retest to deploy the rest.
W Pattern Neckline & Falling Trendline Breakout seen in HavellsHello Everyone, i hope you all will be doing good in your trading and your life as well. Today i have brought a stock which has taken perfectly support at upward support trendline and formed a double bottom (W) pattern and also given a faliing resistance trendline breakout on daily timeframe price is still above to neckline and falling resistance trendline. Stock is giving good discounted entry price at these levels. Stock is down almost 17% from all time high., stock name is Havells India Limited and it is a leading Fast Moving Electrical Goods (FMEG) Company and a major power distribution equipment manufacturer with a strong global presence. It enjoys enviable market dominance across a wide spectrum of products, including Industrial & Domestic Circuit Protection Devices, Cables & Wires, Motors, Fans, Modular Switches, Home Appliances, Air Conditioners, Electric Water Heaters, Power Capacitors, Luminaires for Domestic, Commercial and Industrial Applicationsand.
Company is almost debt free.
Company has been maintaining a healthy dividend payout of 42.5%.
Company's working capital requirements have reduced from 16.7 days to 12.6 days.
Stock is good for short term to long term, Company is consistent profit maker every year it is posting exponantial growth on profits.
Market Share
The company has a market share of 10-15% for products like modular switches, SDA, Lighting, cables, and ACs and a 15-20% market share in the water heaters, MCBs, fans, and wires business.
Fundamental Analysis
P/E ratio is 76.3379 which is lower than it's Industry P/E 76.34
Interest Coverage ratio is 21.28
Stock has given a return of 30.9% in last 52 Weeks
ROCE is 25.46%
ROCE 25.46% has increased as compared to last year's ROCE 23.07%
ROE is 18.07%
ROE 25.46% has increased as compared to last year's ROE 23.07%
Operating Profit Margin (EBITDA Margin) is 10.12%
Operating Profit Margin (EBITDA Margin) 10.12% has improved as compared to last year's OPM 9.58%
Net Profit Margin (PAT Margin) 6.84% has improved as compared to last year's NPM 6.34%
Free Cash Flow yield is 1.32%
Free Cash Flow yield 1.32% has improved as compared to 5 Yrs avg FCF yield 1.19%
Cash Conversion Days 10.39 has improved as compared to 5 Yrs avg Cash Conversion Days 11.24
Annual Profit has grown over by 18.56%
3 Years Sales CAGR is 25.34%
3 Years Profit CAGR is 20.03%
Quarterly Sales has grown over by 16.38% YoY
DII have increased their stakes by 0.39% in the latest quarter (8.28% to 8.67%)
Promoters + FIIs + DIIs hold 92.84% in the company
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades.
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