Data Option Trading with Professionals Options chain can be defined as the listing of all option contracts. It comes with two different sections: call and put. A call option means a contract that gives you the right but does not give you the obligation to buy an underlying asset at a particular price and within the option's expiration date.
While not foolproof, option chains offer insights into market sentiment through implied volatility and open interest. High implied volatility suggests expected price swings, while option volumes can indicate potential support or resistance levels.
Trend Analysis
GBP/USD price recovery trendThere was a sharp decline in GBP when the USD strengthened significantly. However, when GBP approached the price channel along with the quite extreme price decrease in recent times, it also brought a significant price recovery opportunity for GBP on time D1
When going down to smaller times like m15-h1-h4, it shows a short-term upward trend, which also means that the recovery rhythm of GPB/USD is going quite well.
this dip will be an opportunity Tata Power CMP 414
Elliott- there is one more wave C down of the double corrective pattern zig zag still due.
Fibs- 370 and 343 are the two zones to look for reversal. Fib ext too has the similar zones.
RSI - break of support at 45 is negative. the oscillator was in the bear zone while the stock made new highs is again negative. It will continue to fail below the averages.
MA- The rallies are failing below the averages. That's weakness.
Conclusion - this stock is in a strong bull trend and this dip will be an opportunity to buy this counter.
BAJAJ_AUTO - First Leg of Correction seems completeCMP: 9040
TF: 90 Minutes
I have marked the internals of this impulse wave down and the 5 wave down-move seems complete.
Diagonal is visible
Triple Divergence (Positive at the bottom) is seen
Multiple inside bars at the lows signifies absorption.
This is Trading view for the next few days.. Positionally, the bounce (if any), should see next round of selling.
On the Daily TF, price is now at the previous consolidation range.. Price could replicate the same behavior here too and stay sideways for several days to complete time correction.
Watchout for the breakout of the falling trendline.. thats the key for any possibly trading opportunity
I am not a SEBI registered Analyst. Views are personal and for educational purpose only. Please consult your Financial Advisor for any investment decisions.
MARUTI 2HRSWING TRADE
- EARN WITH ME DAILY 10K-20K –
MARUTI Looking good for Downside..
When it break level 10741 and sustain.. it will go Downside...
SELL @ 10741
Target
1st 10388
2nd 9979
FNO
MARUTI DEC FUT – LOT 10 (Qty-500)
MARUTI DEC 11400 PE – LOT 10 (Qty-500) – PRICE (399.65)
Enjoy trading traders.. Keep add this STOCK in your watch list..
Big Investor are welcome..
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Neuland Laboratories Ltd - Breakout Setup, Move is ON...#NEULANDLAB trading above Resistance of 15807
Next Resistance is at 19726
Support is at 11889
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Bank Nifty Spot will it cross 52670Bank Nifty Spot has corrected almost 4500 points from recent ATH of 54460+ levels
From lower level retracements upto 52670 levels...
Now on every rise upto 52670 Levels will see selling pressure unless it closes above 52670 on D closing basis...
Have marked important levels for your perusal
Like... Share....
Happy Trading....
Jagsonpal Pharmaceuticals Ltd - Breakout Setup, Move is ON...#JAGSNPHARM trading above Resistance of 706
Next Resistance is at 936
Support is at 506
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Laurus Labs Limited - Breakout Setup, Move is ON...#LAURUSLABS trading above Resistance of 553
Next Resistance is at 699
Support is at 420
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Aegis Logistics Limited - Breakout Setup, Move is ON...#AEGISLOG trading above Resistance of 807
Next Resistance is at 1167
Support is at 613
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.
Ceinsys Tech Ltd - Breakout Setup, Move is ON...#CEINSYSTECH trading above Resistance of 1232
Next Resistance is at 1749
Support is at 1088
Here is previous chart:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
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.