SkyTradingZone

SkyTradingZone

As of January 1, 2025, the NIFTY Bank Index (BANKNIFTY) is exhibiting the following support and resistance levels: Support Levels: Immediate Support: 50,600 – 50,500 Next Support: 50,000 – 49,900 These levels suggest that if the index falls below 50,600, it may find support around 50,000. Resistance Levels: Immediate Resistance: 51,400 – 51,500 Next...

SkyTradingZone

"📈 CREDITACC is trading at a critical support zone near 860-870, backed by a long-term trendline. This level has acted as a strong demand zone multiple times in the past. 🔍 Here's why this is exciting: Trendline Support: The stock is respecting a multi-year ascending trendline. Risk-Reward Setup: Entry near 890 with a stop-loss at 807 and potential targets at...

SkyTradingZone

Hold your eyes on this #AFCONS Swing trade, add to watchlist Can buy at CMP 545 Range breakout possible over 567 Target1: 600 Target2: 640 Buy on dips till 500 This is not a buy or sell recommendation, shared for learning purposes. Happy new year

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SkyTradingZone

Significance of NSE Option Chain Offers a glance at the in-the-money (ITM) and out-the-money (OTM) options. It proves useful for assessing the depth and liquidity of specific strikes. It aids traders to find option premium against its corresponding maturity date and strike price. An option chain is a comprehensive list that shows you all available option...

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SkyTradingZone

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...

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SkyTradingZone

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. Trading options offers a number of benefits for an active trader: Options can offer high returns and do so...

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SkyTradingZone

An option chain primarily focuses on options contracts associated with an underlying asset, such as stocks, commodities, or indices. It provides information about the available options, their strike prices, expiration dates, bid-ask prices, and other contract-specific data. Nifty option chain is considered to be the best advance warning system of sharp moves or...

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SkyTradingZone

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 average directional index (ADX) is a technical analysis indicator used by some traders to determine the strength of a trend.

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SkyTradingZone

An option chain, sometimes referred to as an option matrix, is a fundamental tool in the world of options trading. It provides traders and investors with a comprehensive view of available options for a particular underlying asset, such as stocks, indices, or commodities. The most successful options strategy for consistent income generation is the covered call...

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SkyTradingZone

An option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is the price at which you can buy (call) or sell (put) the stock. How does an option chain work? An option chain displays available call...

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SkyTradingZone

Key takeaways. Average directional index (ADX) is a short-term chart indicator. It can be used to help you evaluate the market or an investment's strength. ADX currently suggests the short-term momentum behind stocks may be strong, with a caveat The ADX is widely used and is considered by many traders to be very reliable as a gauge of trend strength. Traders can...

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SkyTradingZone

Open a price chart. The first step is to identify the instrument you want to analyze. ... Find the significant highs and lows. Look for the significant turning points or swing highs and lows. ... Draw the support and resistance lines. ... Check for validity. To identify S&R, place a horizontal line to connect at least three price action zones, well-spaced in...

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SkyTradingZone

SQL remains a fundamental tool for querying and managing data. SQL's simplicity and power make it accessible to both beginners and experts. In trading systems, SQL enables efficient data retrieval and manipulation. Users can write SQL queries to analyze market trends and execute trading strategies. The United Nations Commodity Trade Statistics Database (UN...

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SkyTradingZone

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. Chart Patterns: Chart patterns involve analysing...

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SkyTradingZone

PCR is based on three simple steps required for any DNA synthesis reaction: (1) denaturation of the template into single strands; (2) annealing of primers to each original strand for new strand synthesis; and (3) extension of the new DNA strands from the primers. Assembly PCR – longer DNA fragments are aplified by using overlapping primers. Asymmetric PCR – only...

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SkyTradingZone

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. There are far too many fake breakouts that can leave traders trapped in a bad trade position. The ADX helps validate...

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SkyTradingZone

An option chain is a comprehensive list that shows you all available option contracts for a given stock. These are sorted by their expiration date, which is the last day you can trade or use the option, and strike price, which is th e price at which you can buy (call) or sell (put) the stock. Options chain can be defined as the listing of all option contracts. It...

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SkyTradingZone

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....