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    Andhra Bank Positional Call based on Charts and Pattern

    daily chart of andhra_bank


    On daily chart after the break of downward trend line the Andhra bank stock also formed double bottom chart pattern and close above the resistance zone that mention under the Rectangle in above chart with improving RSI on technical chart.

    Before this Andhra bank stock successfully hold the support around the golden Fibonacci ratio of 61.8% which is placed around 70-71 level of previous rise from 47 to 110 levels and get some bullish momentum from here.
    Now the 70-71 area came out the strong support zone for the stock where as multiple supports and ratio are placed as support zone on the chart.

    Positional traders can buy this stock for the target of 85.5-90-95 with Stop loss of 75.50-71

    You may also use pivot support and resistance of the stock for Intraday trade from here => pivot levels

    Andhra Bank Positional Call based on Charts and Pattern

    Posted by Ashish Sankhla No comments

    daily chart of andhra_bank


    On daily chart after the break of downward trend line the Andhra bank stock also formed double bottom chart pattern and close above the resistance zone that mention under the Rectangle in above chart with improving RSI on technical chart.

    Before this Andhra bank stock successfully hold the support around the golden Fibonacci ratio of 61.8% which is placed around 70-71 level of previous rise from 47 to 110 levels and get some bullish momentum from here.
    Now the 70-71 area came out the strong support zone for the stock where as multiple supports and ratio are placed as support zone on the chart.

    Positional traders can buy this stock for the target of 85.5-90-95 with Stop loss of 75.50-71

    You may also use pivot support and resistance of the stock for Intraday trade from here => pivot levels

    Introduction to The Basic Options Trading Definitions

    Trading in options segment seems to be very easy but it may not be so, But one thing is true that risk in options trading is limited with huge profit potential.
    Options are one of the most popular derivatives tools in the financial market. It is highly leverage instruments.
    It can be used for the purpose of hedging, speculation and arbitrage.

    If you are keen to invest in options trading you must know some basics of options like what is call options, what is put options, strike price, premium, etc before investing real.


    What are Options



    Options is a contract which gives buyer the right , but not the obligation to buy or sell an underlying asset at a specific price for a specific period.
    In options, buyer of options has rights but no obligations to honour his contract and seller has only obligations and no rights to honour his commitment.
    Options buyer is also called as holder and seller is called as writer.

    An options is in simple terms a contract entered into two parties i.e.
    1. Buyers
    2. Seller
    what is options trading



    Type of Options


    There are two types of options contracts traded in the financial terms.
    • Call Options
    • Put Options
    Call Options give the options buyer the right to buy the underlying stock or security at a predetermined price..
    Put Options give the options buyer the right the sell the underlying stock or security at a predetermined price..

    Buying put or call options enables the investors to make profit in unilateral market without having to buy and sell stock.
    Buying put options enables traders to make profit when the markets fall without having to sell short stock.
    Similarly, Buying call options enables traders to make profit when the markets rise with a limited risk of premium. You can buy or sell Options just like you buy or sell shares.


    Related Options Terminology


    Strike Price : Strike rate is a price for which the underlying security or stock can be purchased or sold on expiry date. Some of them In The Money, some of them Out Of The Money and one In The Money Option.
    For instance if spot price is 6100, then strike prices are 5900, 6000, 6100, 6200, 6300.
    Here two options are in the money, two out of the money and one at the money.

    Spot Price : The current market price of the underlying security or index at a particular time.

    Premium : Premium is the total cost of an options which users have to pay when they purchase an options.
    Premium = Intrinsic Value (I) + Time Value (T)

    Lot Size : Future and Options are traded in lot size, you can buy 1 lot, 2 lot or any number of lots as you wish, Like Nifty options have lot size of 50 while Bank Nifty Options have 25 Lot Size.

    Option Style : Options are of two styles, (1) European (2) American.
    In European options, All options are exercised on the last day of series expiry.
    In American options, Here Buyers can exercise the option any time during before or on expiry date.

    Expiry Date : Last day of future and option contract called expiration date. In Indian markets Nifty and Sensex derivatives expire on last Thursday of every month.

    Series : A futures and option contract belongs to a particular series. One series belongs to a particular month.
    E.g. Nifty Index Futures series for January or March etc. Nifty series is coded as below –
    FUT IDX NIFTY 30-Jan-2014 Here, not only month, but expiry date is also available.

    Open Interest : Open Interest (OI) is the number of outstanding contracts (which have not been closed) that remain for an expiration month. Open Interest only applies to futures and option trading.


    Conclusion

    For aggressive traders who are very bullish or bearish about the prospects for a stock or index, Investing in options can be an excellent way to capture the upside or downside potential with limited downside risk.



    Introduction to The Basic Options Trading Definitions

    Posted by Ashish Sankhla No comments

    Trading in options segment seems to be very easy but it may not be so, But one thing is true that risk in options trading is limited with huge profit potential.
    Options are one of the most popular derivatives tools in the financial market. It is highly leverage instruments.
    It can be used for the purpose of hedging, speculation and arbitrage.

    If you are keen to invest in options trading you must know some basics of options like what is call options, what is put options, strike price, premium, etc before investing real.


    What are Options



    Options is a contract which gives buyer the right , but not the obligation to buy or sell an underlying asset at a specific price for a specific period.
    In options, buyer of options has rights but no obligations to honour his contract and seller has only obligations and no rights to honour his commitment.
    Options buyer is also called as holder and seller is called as writer.

    An options is in simple terms a contract entered into two parties i.e.
    1. Buyers
    2. Seller
    what is options trading



    Type of Options


    There are two types of options contracts traded in the financial terms.
    • Call Options
    • Put Options
    Call Options give the options buyer the right to buy the underlying stock or security at a predetermined price..
    Put Options give the options buyer the right the sell the underlying stock or security at a predetermined price..

    Buying put or call options enables the investors to make profit in unilateral market without having to buy and sell stock.
    Buying put options enables traders to make profit when the markets fall without having to sell short stock.
    Similarly, Buying call options enables traders to make profit when the markets rise with a limited risk of premium. You can buy or sell Options just like you buy or sell shares.


    Related Options Terminology


    Strike Price : Strike rate is a price for which the underlying security or stock can be purchased or sold on expiry date. Some of them In The Money, some of them Out Of The Money and one In The Money Option.
    For instance if spot price is 6100, then strike prices are 5900, 6000, 6100, 6200, 6300.
    Here two options are in the money, two out of the money and one at the money.

    Spot Price : The current market price of the underlying security or index at a particular time.

    Premium : Premium is the total cost of an options which users have to pay when they purchase an options.
    Premium = Intrinsic Value (I) + Time Value (T)

    Lot Size : Future and Options are traded in lot size, you can buy 1 lot, 2 lot or any number of lots as you wish, Like Nifty options have lot size of 50 while Bank Nifty Options have 25 Lot Size.

    Option Style : Options are of two styles, (1) European (2) American.
    In European options, All options are exercised on the last day of series expiry.
    In American options, Here Buyers can exercise the option any time during before or on expiry date.

    Expiry Date : Last day of future and option contract called expiration date. In Indian markets Nifty and Sensex derivatives expire on last Thursday of every month.

    Series : A futures and option contract belongs to a particular series. One series belongs to a particular month.
    E.g. Nifty Index Futures series for January or March etc. Nifty series is coded as below –
    FUT IDX NIFTY 30-Jan-2014 Here, not only month, but expiry date is also available.

    Open Interest : Open Interest (OI) is the number of outstanding contracts (which have not been closed) that remain for an expiration month. Open Interest only applies to futures and option trading.


    Conclusion

    For aggressive traders who are very bullish or bearish about the prospects for a stock or index, Investing in options can be an excellent way to capture the upside or downside potential with limited downside risk.



    Stock Formed Bullish Bar Reversal Pattern on Technical Chart

    The Reserve Bank of India governor Dr. Raghuram Rajan surprised the Dalal Street by keeping key policy rates unchanged on hopes that the inflation will fall going ahead. Reserve Bank of India left Repo Rate unchanged at 7.75 percent and CRR ( Cash Reserve Ratio) at 4 percent.
    The marginal standing facility (MSF) remained unchanged at 6.75 %, and the liquidity adjustment facility (LAF) rate was also kept unchanged In its mid quarter monetary policy meet on Wednesday.


    The street cheered RBI policy on the day with the Sensex up by more than a percent. The Bombay Stock Exchange's Sensex surged 247 points to close at 20,860 and the NSE's Nifty climbed 78 points to 6,217.

    Led by rate sensitive stocks of the 50-share Nifty pack 46 stocks ended with gains while the rest 3 stocks closed with losses. The top 5 gainers among NSE stocks are: Bhel surging by 6.32 %, followed by realty leader DLF (5.63 %), Punjab National Bank (4.74 %), Indusind Bank (4.29 %) and Bajaj Auto (4.08 %). The losers among NSE socks are: Jindal Steel (0.87 %), Sesa Sterlite Ltd. (0.57 %), and Ultratech Cement (0.27 %) and one stock NMDC remains unchanged.

    Of the 30 shares of BSE index, 27 stocks ended in positive terrain, while the rest 3 stocks closed in negative zone. The top 5 gainer in BSE Sensex stocks are: Bhel surging by 5.70 %, followed by Tata Power (4.04 %), Bajaj Auto (3.87 %), Hero Moto Corp (3.14 %) and LNT (2.83 %). The top losers of the Sensex basket were: Jindal Steel (1.55 %), Sesa Sterlite Ltd. (0.74 %), and ICICI Bank (0.13 %).

    All NSE mid cap and NSE small cap index closed higher by about 0.5 % to 3 %.  Top 3 gainers in NSE sectoral index are - NSE Realty up by 3.39 %, NSE PSU Bank up by 3.03 % and NSE Energy up by 2.15 %.

    Nifty Daily Technical Chart


    nifty_daily_chart


    Nifty Weekly Technical Chart


    nifty_weekly_chart
    charts by chartink.com

    Apart 14 out of Nifty's 50 stocks also formed the Bullish Bar Reversal Pattern on the technical chart including Nifty and Bank Nifty.


    Stock Formed Bullish Bar Reversal Pattern on Technical Chart



    Stock Name Open High Low Prev. High Prev. Low Prev. Close Bar Reversal
    CNX Nifty 6129.95 6236 6129.95 6190.55 6133 6139.05 Strong Bullish
    Bank Nifty 11129.65 11572.3 11117.45 11418.1 11178 11208.65 Bullish Signal
    AXIS BANK LIMITED 1250.1 1305 1248 1280.3 1248.35 1256.1 Strong Bullish
    BANK OF BARODA 642 672.6 641.9 667.85 644.3 648.1 Bullish Signal
    BHEL 153.25 164.65 153.25 157.95 153.4 154.35 Strong Bullish
    COAL INDIA LTD 276.65 283.45 276.65 287.9 277.2 278.45 Bullish Signal
    HDFC BANK LTD 650.5 680.65 649.55 675.65 654.05 657.6 Bullish Signal
    HINDALCO INDUSTRIES LTD 116.65 118.45 116.05 119 116.1 116.45 Bullish Signal
    HINDUSTAN UNILEVER LTD. 555.25 561 552.5 559.8 554.35 556.85 Bullish Signal
    ICICI BANK LTD. 1088.4 1132.7 1081.55 1121.5 1090.15 1098.3 Bullish Signal
    NTPC LTD 134.95 136 134.4 138.05 134.55 134.95 Bullish Signal
    OIL AND NATURAL GAS CORP. 276 282.6 273 279.6 273.8 274.7 Strong Bullish
    POWER GRID CORP. LTD. 95 101.7 94.75 99.25 97.85 98.7 Strong Bullish
    TATA MOTORS LIMITED 367 370.85 362.5 374.95 364.65 366.85 Bullish Signal
    TATA POWER CO LTD 87.35 92.1 87.35 91.3 87.65 88.05 Strong Bullish
    WIPRO LTD 517.9 523.9 512.95 529.95 515.25 517.9 Bullish Signal



    Stock Formed Bullish Bar Reversal Pattern on Technical Chart

    Posted by Ashish Sankhla No comments

    The Reserve Bank of India governor Dr. Raghuram Rajan surprised the Dalal Street by keeping key policy rates unchanged on hopes that the inflation will fall going ahead. Reserve Bank of India left Repo Rate unchanged at 7.75 percent and CRR ( Cash Reserve Ratio) at 4 percent.
    The marginal standing facility (MSF) remained unchanged at 6.75 %, and the liquidity adjustment facility (LAF) rate was also kept unchanged In its mid quarter monetary policy meet on Wednesday.


    The street cheered RBI policy on the day with the Sensex up by more than a percent. The Bombay Stock Exchange's Sensex surged 247 points to close at 20,860 and the NSE's Nifty climbed 78 points to 6,217.

    Led by rate sensitive stocks of the 50-share Nifty pack 46 stocks ended with gains while the rest 3 stocks closed with losses. The top 5 gainers among NSE stocks are: Bhel surging by 6.32 %, followed by realty leader DLF (5.63 %), Punjab National Bank (4.74 %), Indusind Bank (4.29 %) and Bajaj Auto (4.08 %). The losers among NSE socks are: Jindal Steel (0.87 %), Sesa Sterlite Ltd. (0.57 %), and Ultratech Cement (0.27 %) and one stock NMDC remains unchanged.

    Of the 30 shares of BSE index, 27 stocks ended in positive terrain, while the rest 3 stocks closed in negative zone. The top 5 gainer in BSE Sensex stocks are: Bhel surging by 5.70 %, followed by Tata Power (4.04 %), Bajaj Auto (3.87 %), Hero Moto Corp (3.14 %) and LNT (2.83 %). The top losers of the Sensex basket were: Jindal Steel (1.55 %), Sesa Sterlite Ltd. (0.74 %), and ICICI Bank (0.13 %).

    All NSE mid cap and NSE small cap index closed higher by about 0.5 % to 3 %.  Top 3 gainers in NSE sectoral index are - NSE Realty up by 3.39 %, NSE PSU Bank up by 3.03 % and NSE Energy up by 2.15 %.

    Nifty Daily Technical Chart


    nifty_daily_chart


    Nifty Weekly Technical Chart


    nifty_weekly_chart
    charts by chartink.com

    Apart 14 out of Nifty's 50 stocks also formed the Bullish Bar Reversal Pattern on the technical chart including Nifty and Bank Nifty.


    Stock Formed Bullish Bar Reversal Pattern on Technical Chart



    Stock Name Open High Low Prev. High Prev. Low Prev. Close Bar Reversal
    CNX Nifty 6129.95 6236 6129.95 6190.55 6133 6139.05 Strong Bullish
    Bank Nifty 11129.65 11572.3 11117.45 11418.1 11178 11208.65 Bullish Signal
    AXIS BANK LIMITED 1250.1 1305 1248 1280.3 1248.35 1256.1 Strong Bullish
    BANK OF BARODA 642 672.6 641.9 667.85 644.3 648.1 Bullish Signal
    BHEL 153.25 164.65 153.25 157.95 153.4 154.35 Strong Bullish
    COAL INDIA LTD 276.65 283.45 276.65 287.9 277.2 278.45 Bullish Signal
    HDFC BANK LTD 650.5 680.65 649.55 675.65 654.05 657.6 Bullish Signal
    HINDALCO INDUSTRIES LTD 116.65 118.45 116.05 119 116.1 116.45 Bullish Signal
    HINDUSTAN UNILEVER LTD. 555.25 561 552.5 559.8 554.35 556.85 Bullish Signal
    ICICI BANK LTD. 1088.4 1132.7 1081.55 1121.5 1090.15 1098.3 Bullish Signal
    NTPC LTD 134.95 136 134.4 138.05 134.55 134.95 Bullish Signal
    OIL AND NATURAL GAS CORP. 276 282.6 273 279.6 273.8 274.7 Strong Bullish
    POWER GRID CORP. LTD. 95 101.7 94.75 99.25 97.85 98.7 Strong Bullish
    TATA MOTORS LIMITED 367 370.85 362.5 374.95 364.65 366.85 Bullish Signal
    TATA POWER CO LTD 87.35 92.1 87.35 91.3 87.65 88.05 Strong Bullish
    WIPRO LTD 517.9 523.9 512.95 529.95 515.25 517.9 Bullish Signal



    Important Chart Pattern in Technical Analysis Part-1

    Long or Short what should I do ? Wouldn't it be great if someone could tell us tomorrow’s closing prices today ? Unfortunately no one can (legally) that is why we have Technical analysis and for technical analysis we have chart pattern, and without the chart pattern can not imagine about technical analysis.

    In this pattern recognition article we will show you some of the most widely followed chart patterns in technical analysis of stock, forex market and teach you the proper way to draw them and explain how I trade them.

    1. Head & Shoulders
    2. Double Tops
    3. Descending Triangles
    4. Cup & Handle
    5. Bear Flags
    6. Rectangles
    7. Ascending Triangles
    8. Inverted Head & Shoulders
    9. Bull Flags
    10. Double Bottoms


    1. HEAD AND SHOULDER CHART PATTERN
    head_&_shoulder_chart_pattern
    The head and shoulders pattern is known on Dalal Street as one of the trend-reversal pattern.
    Of all the patterns we just went over this is the most reliable for me. This is one pattern worth looking for.
    This is one of the more complex patterns to identify.

    What makes the H&S set up complex is that.

    •  A high (Left shoulder)
    •  A higher high (The Head)
    •  A lower high (Right shoulder)

    The first (left) and third (right) peaks (high) are shoulders, and the second peak forms the head.
    The trend line for this pattern should be drawn from the beginning of the right shoulder through to the left shoulder.
    The confirmation for this pattern is complete when the stock breaks the neckline. For a short trigger.


    2. DOUBLE TOP FORMATION

    double_top_chart_pattern A double top occurs when the price of a stock has made one high and drops back to a key support level only again to be met with buyers that run the price up to the first high.

    I trade this set up the same way I trade double bottom but only in reverse (Short Sell). Again just like I mapped out on the double bottom set up. I execute the trade come to me only this time for a short position, i.e. If the first top is at 80.00 I will set a sell (short) at 80.10 – 80.50 depending on the stock and the over all trend of the day. With a tight stop right above my entry. This is also one of the less risky set up’s reason being is if were wrong we know right away and can reverse the trade or take the stop.


    3. DESCENDING TRIANGLE CHART PATTERN

    descending_triangle_chart_patternThe descending  (Sloping) triangle pattern is generally considered to be bearish and is usually
    found in down trends.
    The top part of this pattern has a downward slant and the flat bottom part makes up a descending triangle set up and just like with the Ascending Triangle.

    The descending (Sloping) triangle as I like to call it. All my best intraday shorts trade have been due to this set up. When you hear me yell “Sloping” It’s more than likely I am trading a descending triangle set up.
    An easy way to find descending set up’s is to look for stocks that are making lower highs.


    4. CUP AND HANDLE CHART PATTERN

    cup_and_handle_chart_patternThis is one of the important technical patterns on to the chart, As its name implies, there are two necessary parts to complete the formation: the cup and the handle. The cup forms after an advance and looks like a rounding bottom formation or bowl. As the cup (rounding bottom formation) is completed, a trading range develops on the right hand side and the handle is formed on the chart. A subsequent breakout from the handles trading range signals a continuation of the prior advance.
    The way I have been trading this pattern recently in the bear market is to short the resistance level. Reason being the trend has been to sell all resistance lately. As the saying goes make the trend your friend !


    5. BEAR FLAG CHART PATTERN

    bear_flag_chart_pattern
    Higher tops and higher bottoms make up a Bear flag set up and just like with the bull flag you’ll want to make sure the trend lines are as close to parallel as can be, also Bear flags have a tendency to slope against the trend. Which make them look like a “V” bottom and a possible reversal at first. This is the main reason why conformation on this set up is critical. Remember conformation is the key to this pattern and must complete before a trade is put on. If there were one set up I would recommend studying more than others before acting on it this would be it.


    As with any one of these patterns we just went over they always work best when you are aware of Current market conditions and know the stocks & futures you are trading. That is Key in this Business.

    Charts pattern from number 6-10 will describe in our next article of tutorial series(Part-2) soon.

    Important Chart Pattern in Technical Analysis Part-1

    Posted by Ashish Sankhla No comments

    Long or Short what should I do ? Wouldn't it be great if someone could tell us tomorrow’s closing prices today ? Unfortunately no one can (legally) that is why we have Technical analysis and for technical analysis we have chart pattern, and without the chart pattern can not imagine about technical analysis.

    In this pattern recognition article we will show you some of the most widely followed chart patterns in technical analysis of stock, forex market and teach you the proper way to draw them and explain how I trade them.

    1. Head & Shoulders
    2. Double Tops
    3. Descending Triangles
    4. Cup & Handle
    5. Bear Flags
    6. Rectangles
    7. Ascending Triangles
    8. Inverted Head & Shoulders
    9. Bull Flags
    10. Double Bottoms


    1. HEAD AND SHOULDER CHART PATTERN
    head_&_shoulder_chart_pattern
    The head and shoulders pattern is known on Dalal Street as one of the trend-reversal pattern.
    Of all the patterns we just went over this is the most reliable for me. This is one pattern worth looking for.
    This is one of the more complex patterns to identify.

    What makes the H&S set up complex is that.

    •  A high (Left shoulder)
    •  A higher high (The Head)
    •  A lower high (Right shoulder)

    The first (left) and third (right) peaks (high) are shoulders, and the second peak forms the head.
    The trend line for this pattern should be drawn from the beginning of the right shoulder through to the left shoulder.
    The confirmation for this pattern is complete when the stock breaks the neckline. For a short trigger.


    2. DOUBLE TOP FORMATION

    double_top_chart_pattern A double top occurs when the price of a stock has made one high and drops back to a key support level only again to be met with buyers that run the price up to the first high.

    I trade this set up the same way I trade double bottom but only in reverse (Short Sell). Again just like I mapped out on the double bottom set up. I execute the trade come to me only this time for a short position, i.e. If the first top is at 80.00 I will set a sell (short) at 80.10 – 80.50 depending on the stock and the over all trend of the day. With a tight stop right above my entry. This is also one of the less risky set up’s reason being is if were wrong we know right away and can reverse the trade or take the stop.


    3. DESCENDING TRIANGLE CHART PATTERN

    descending_triangle_chart_patternThe descending  (Sloping) triangle pattern is generally considered to be bearish and is usually
    found in down trends.
    The top part of this pattern has a downward slant and the flat bottom part makes up a descending triangle set up and just like with the Ascending Triangle.

    The descending (Sloping) triangle as I like to call it. All my best intraday shorts trade have been due to this set up. When you hear me yell “Sloping” It’s more than likely I am trading a descending triangle set up.
    An easy way to find descending set up’s is to look for stocks that are making lower highs.


    4. CUP AND HANDLE CHART PATTERN

    cup_and_handle_chart_patternThis is one of the important technical patterns on to the chart, As its name implies, there are two necessary parts to complete the formation: the cup and the handle. The cup forms after an advance and looks like a rounding bottom formation or bowl. As the cup (rounding bottom formation) is completed, a trading range develops on the right hand side and the handle is formed on the chart. A subsequent breakout from the handles trading range signals a continuation of the prior advance.
    The way I have been trading this pattern recently in the bear market is to short the resistance level. Reason being the trend has been to sell all resistance lately. As the saying goes make the trend your friend !


    5. BEAR FLAG CHART PATTERN

    bear_flag_chart_pattern
    Higher tops and higher bottoms make up a Bear flag set up and just like with the bull flag you’ll want to make sure the trend lines are as close to parallel as can be, also Bear flags have a tendency to slope against the trend. Which make them look like a “V” bottom and a possible reversal at first. This is the main reason why conformation on this set up is critical. Remember conformation is the key to this pattern and must complete before a trade is put on. If there were one set up I would recommend studying more than others before acting on it this would be it.


    As with any one of these patterns we just went over they always work best when you are aware of Current market conditions and know the stocks & futures you are trading. That is Key in this Business.

    Charts pattern from number 6-10 will describe in our next article of tutorial series(Part-2) soon.

    Multilevel Pivot Point Calculator Widget

    Now no need to open multiple web pages for calculation of various type of pivot points method to find support and resistance levels.
    Forget this headache and use the new way of calculation, This excellent 5 in 1 pivot widget enables you to calculate multiple pivot based important support and resistance levels on a single page.

    Pivot method include in the widget :
    1. Simple (classic) pivot point levels
    2. Camarilla trading range
    3. Woodies pivot method
    4. Fibonacci  retracement pivot level
    5. Demark's buy sell target 


    All in One Pivot Point Calculator

    Key Levels DeMark's Pivot Floor Pivot Woodie's Pivot Fibonacci Pivot Camarilla Pivot
    4th Resistance
    3rd Resistance
    2nd Resistance
    1st Resistance
    Pivot Point
    1st Support
    2nd Support
    3rd Support
    4th Support

    Enter The Current Price
    High Price : Low Price : Close Price : Open Price :

    Calculate the Level

    Trading Diary



    Copyright © 2012-13 All Rights Reserved by Ashish Sankhla @ ez-stock-trading.com


    To Add this widget on your blog / website copy the code below and paste it. 

    multilevel pivot point calculator for intraday trading
    How to Use :- To use this widget and calculate all these important levels, you'll need last days open high low and close price. For intraday trading the open price is necessary to calculate demark's pivot method levels.
    you may left the open price, as result you won't get the demark's target range levels.
    Similarly, you can also calculate the weekly pivot point levels for your favorable stocks or index like nifty.

    If you need any help then feel free to drop your comments and suggestions below.
    You may also follow us on Facebook and Twitter for more updates.
    Happy Blogging.


    Multilevel Pivot Point Calculator Widget

    Posted by Ashish Sankhla 2 comments

    Now no need to open multiple web pages for calculation of various type of pivot points method to find support and resistance levels.
    Forget this headache and use the new way of calculation, This excellent 5 in 1 pivot widget enables you to calculate multiple pivot based important support and resistance levels on a single page.

    Pivot method include in the widget :
    1. Simple (classic) pivot point levels
    2. Camarilla trading range
    3. Woodies pivot method
    4. Fibonacci  retracement pivot level
    5. Demark's buy sell target 


    All in One Pivot Point Calculator

    Key Levels DeMark's Pivot Floor Pivot Woodie's Pivot Fibonacci Pivot Camarilla Pivot
    4th Resistance
    3rd Resistance
    2nd Resistance
    1st Resistance
    Pivot Point
    1st Support
    2nd Support
    3rd Support
    4th Support

    Enter The Current Price
    High Price : Low Price : Close Price : Open Price :

    Calculate the Level

    Trading Diary



    Copyright © 2012-13 All Rights Reserved by Ashish Sankhla @ ez-stock-trading.com


    To Add this widget on your blog / website copy the code below and paste it. 

    multilevel pivot point calculator for intraday trading
    How to Use :- To use this widget and calculate all these important levels, you'll need last days open high low and close price. For intraday trading the open price is necessary to calculate demark's pivot method levels.
    you may left the open price, as result you won't get the demark's target range levels.
    Similarly, you can also calculate the weekly pivot point levels for your favorable stocks or index like nifty.

    If you need any help then feel free to drop your comments and suggestions below.
    You may also follow us on Facebook and Twitter for more updates.
    Happy Blogging.


    Nifty 50 Point Strike Interval Option Open Interest Chart

    To increase the liquidity in the nifty, NSE has recently changed the price interval from 100 to 50 for nifty index option. further in this post you will see the option open interest statistical chart of 50 strike interval.
    before showing current market option open interest position, let understand the basic of open interest in future and option trading.

    What is Open Interest : Open Interest (OI) is the number of outstanding contracts (which have not been closed) that remain for an expiration month. Open Interest only applies to futures and option trading.

    When fresh contracts are executed, that did not previously exist, futures or option open interest will increase.
    This means that a investor "A" must take a long position and a investor "B" must take a short position in their trade.


    Nifty Option Open Interest Chart with 50 point Interval






    Change in Open Interest of Nifty







    Concept of Open Interest

    When it comes to open interest, each derivatives expiry starts with the same number of contracts – ZERO.
    A new futures and option contract expiration month is opened for trading. Currently, no one has bought or sold a contract in futures or option segment.

    A Investor ("A") buys a Nifty option contract, but in order for this to happen, someone will have to execute their trade in sell side. Therefore, for every buyer there is an equal and opposite seller (Investor "B"). When this transaction occurs, the nifty option open interest is increased from zero to one. There is now one contract outstanding for the expiration.

    Investor ("C") decides to sell a option contract and subsequently another Investor ("D") has to buy that option contract, therefore open interest is now at two.

    Now Investor ("A") executes their trade and sells his/her nifty option contract. Investor ("C") decides to buy back his/her short option contract. After the transaction takes place, Investor ("A") and ("C") no longer owns a option contract. Effectively, the open interest for nifty option has one less option contract outstanding. Now the option open interest went down to one.

    What is Strike Price

    In options trading, the strike price is the fixed price at which the underlying stock or index can be bought or sold under the terms of an option contract.
    For instance, if spot price is 6029, then strike price may be 5900, 5950, 6000, 6050, 6100.
    Some trader refer to the strike price as the exercise price.



    Nifty 50 Point Strike Interval Option Open Interest Chart

    Posted by Ashish Sankhla No comments

    To increase the liquidity in the nifty, NSE has recently changed the price interval from 100 to 50 for nifty index option. further in this post you will see the option open interest statistical chart of 50 strike interval.
    before showing current market option open interest position, let understand the basic of open interest in future and option trading.

    What is Open Interest : Open Interest (OI) is the number of outstanding contracts (which have not been closed) that remain for an expiration month. Open Interest only applies to futures and option trading.

    When fresh contracts are executed, that did not previously exist, futures or option open interest will increase.
    This means that a investor "A" must take a long position and a investor "B" must take a short position in their trade.


    Nifty Option Open Interest Chart with 50 point Interval






    Change in Open Interest of Nifty







    Concept of Open Interest

    When it comes to open interest, each derivatives expiry starts with the same number of contracts – ZERO.
    A new futures and option contract expiration month is opened for trading. Currently, no one has bought or sold a contract in futures or option segment.

    A Investor ("A") buys a Nifty option contract, but in order for this to happen, someone will have to execute their trade in sell side. Therefore, for every buyer there is an equal and opposite seller (Investor "B"). When this transaction occurs, the nifty option open interest is increased from zero to one. There is now one contract outstanding for the expiration.

    Investor ("C") decides to sell a option contract and subsequently another Investor ("D") has to buy that option contract, therefore open interest is now at two.

    Now Investor ("A") executes their trade and sells his/her nifty option contract. Investor ("C") decides to buy back his/her short option contract. After the transaction takes place, Investor ("A") and ("C") no longer owns a option contract. Effectively, the open interest for nifty option has one less option contract outstanding. Now the option open interest went down to one.

    What is Strike Price

    In options trading, the strike price is the fixed price at which the underlying stock or index can be bought or sold under the terms of an option contract.
    For instance, if spot price is 6029, then strike price may be 5900, 5950, 6000, 6050, 6100.
    Some trader refer to the strike price as the exercise price.



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