RESISTANCE PRACTICE TOOL

Resistance Practice Tool
RESISTANCE PRACTICE TOOL
Call Side
Put Side
OI VOLUME STRIKE VOLUME OI
RESISTANCE PRACTICE TOOL

Click any color to see its function

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Frequently Asked Questions

Find answers to common questions about our tools

What is the resistance practice tool? +

The Resistance Practice Tool is a LTP Calculator learning tool especially designed for traders enrolled in our free stock market course. It helps you in practicing different conditions of resistance on LTP Calculator option chain including Weak towards Top (WTT) and Weak towards Bottom (WTB) cases.

What is the meaning of WTT and WTB? +

Resistance can be of three types - Strong resistance, Weak towards Top resistance and Weak towards Bottom resistance. Let's understand each of them:

  • Strong Resistance: This means that the resistance is stable and not trying to shift anywhere.
  • WTT Resistance: This means that the resistance is weak and is trying to shift at higher strike price.
  • WTB Resistance: This means that the resistance is weak and is trying to shift at lower strike price.
How to use the resistance practice tool? +

Click on any cell in the Call side. With your click, that cell with will filled with color and on the basis of that color resistance and its conditions will be displayed in the red box.

What does these color indicates
Indicates Highest Volume
Indicates Highest Volume or OI became deep ITM
Indicates Highest Open Interest in Call Side
Indicates Highest Open Interest in Put Side
Indicates Second Highest Value in respective column
How to add different colors on the table? +

Follow these steps to add different colors on the table:

Single click on the cell to add this color.
Single click on the cell to add this color.
Single click on the cell to add this color.
Single click on the cell to add this color.
Double click on the cell to add this color.

Single click on the same cell to remove the color.