SkyTradingZone

SkyTradingZone

#POLYCAB Recent Bullish Move: Polycab India stock gained around 3.88%, showing strong upward momentum. Key Resistance: Approaching the 7,000 level, which may act as a significant resistance. Volume Surge: Recent price increase accompanied by higher-than-average trading volume, indicating strong buying interest. Short-Term Buy Range: Ideal entry could be around...

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#APARINDS Current Trend: Uptrend since August, but showing recent weakness with slight downward movement. Support Level: Around 9,300 INR. Watch for signs of holding at this level for potential reversal. Resistance Level: Near 10,000 INR, where selling pressure has occurred previously. Volume: Recent candles show lower volume, indicating market indecisiveness...

10:23

SkyTradingZone

Nifty option chain is considered to be the best advance warning system of sharp moves or break outs in the index. An option chain will consist of both call and put options, along with other details. Option chain trades are more informed, as investors can compare different contracts. It can help investors view the strike price, bid price, ask price, volume, and...

21:45

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. Nifty option chain is considered to be the best advance warning system...

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#TATAPOWER Potential 10% upside Swing Trade candidate CMP 451 Target 495 Risk Reward 1:2 Strong RSI and good fundamental company

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#oberoirlty Trendline Breakout Stock Weak Below /stoploss Below 1970 Upside Targets 2050-2100 Level

17:58

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.

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#pnb Punjab National Bank is making higher highs formation on chart, Upside possible till 112-115. EMA Making Gloden Crossover I have attached the chart for your reference.

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#EICHERMOT Good chart structure. After yesterday's fall, stock is performing well in today's trade Target 4965/5050 Stop loss 4815

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#NATIONALUM Trend: Stock is in an uptrend with recent breakout through resistance levels. Support Level: Around *220. Resistance Level: Near *240 (recent high). Volume: High trading volume, indicating strong buying interest. Entry Point: Buy near *220-225 on pullback for optimal entry. Short-Term Target: 245-250 if uptrend continues. Stop Loss: Place stop loss...

SkyTradingZone

#MANKIND Pharma Limited TF: 30 min Pattern: Inverted head and shoulder Buying range: in between 2680-2708 Targets: 2770, 2840, 2910 SL: 30 min candle closing below 2645

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#BHEL The company has just posted stellar earning this quarter, we have got a positive earning from the company after 5 consecutive negative earnings. The stock price of the company is still down 30 percent from its highs. I fundamentally believe in the sectors the company is working on and after strong financial result this quarter BHEL has turned a buy on dips...

09:18

SkyTradingZone

Volume can confirm divergence signals by indicating the strength and conviction behind price movements. High volume during divergence signals strengthens the reliability of the signal, while low volume may indicate weaker market sentiment. The basic rule of thumb is that an RSI value over 70 indicates a stock is “overbought” and may see its price fall in the...

20:00

SkyTradingZone

The RSI provides immediate signals for buying and selling, helping you understand whether an asset is overbought or oversold. RSI readings below 30 signal buy opportunities, indicating the asset is undervalued. Conversely, RSI readings above 70 signal sell opportunities, suggesting the asset is overvalued. Volume can confirm divergence signals by indicating the...

11:52

SkyTradingZone

An RSI divergence occurs when price moves in the opposite direction of the RSI. In other words, a chart might display a change in momentum before a corresponding change in price. A bullish divergence occurs when the RSI displays an oversold reading followed by a higher low that appears with lower lows in the price. The RSI provides immediate signals for buying...

15:24

SkyTradingZone

The MACD is a momentum indicator that can be used to anticipate changes in market sentiment. However, it is not foolproof: experienced traders look to other metrics, such as trading volume, for a more complete perspective on market sentiment. Key Takeaways The moving average convergence divergence (MACD) is a popular momentum indicator that is used in technical...

22:53

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...

09:12

SkyTradingZone

The ADX identifies a strong trend when the ADX is over 25 and a weak trend when the ADX is below 20. Crossovers of the -DI and +DI lines can be used to generate trade signals. For example, if the +DI line crosses above the -DI line and the ADX is above 20, or ideally above 25, then that is a potential signal to buy. The ADX identifies a strong trend when the ADX...