Nifty & Bank Nifty - Time to break into a gallop 📈
SGX Nifty is indicating a positive opening around 18,400 levels.
With the premium of ~65points, spot Nifty is likely to open around ~18,300+ levels.
Index has surpassed the previous hurdle of 18,100 and heading to break another at 18,350. The momentum may accelerate above 18,350 to inch at a new all-time high.
Bank Nifty had its highest-ever close of 41,686.
The index will break into a gallop above the 42,000 mark.
Traders, tighten your seat belts as we may witness the faster and furious rally above the breakout levels.
#SGXNiftyLive
#Nifty
#KeepItSimple
SGX Nifty is indicating a positive opening around 18,400 levels.
With the premium of ~65points, spot Nifty is likely to open around ~18,300+ levels.
Index has surpassed the previous hurdle of 18,100 and heading to break another at 18,350. The momentum may accelerate above 18,350 to inch at a new all-time high.
Bank Nifty had its highest-ever close of 41,686.
The index will break into a gallop above the 42,000 mark.
Traders, tighten your seat belts as we may witness the faster and furious rally above the breakout levels.
#SGXNiftyLive
#Nifty
#KeepItSimple
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The gap-up opening for the bulls but the intraday bears grabbed an opportunity to short the day; Nifty ended at 18,157 losing 0.25%.
The minor hurdle for Nifty is placed at 18,350, above which the momentum may accelerate towards an all-time high. Watch the chart here
Bank Nifty hits an all-time high of 41,948 but the highest weightage constituent is underperforming the index.
An end to the 18 years of outperforming stock in the index is indicated by the breakdown in the ratio chart of HDFC Bank / Bank Nifty. Read here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
The minor hurdle for Nifty is placed at 18,350, above which the momentum may accelerate towards an all-time high. Watch the chart here
Bank Nifty hits an all-time high of 41,948 but the highest weightage constituent is underperforming the index.
An end to the 18 years of outperforming stock in the index is indicated by the breakdown in the ratio chart of HDFC Bank / Bank Nifty. Read here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
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Nifty Bulls in danger on Weekly Expiry Day 📈📉
After opening gap-up yesterday, the bulls lost its plot to bears from opening and intraday traders made most of the gains.
SGX Nifty signals the bears are in control of the momentum as the breakdown from rising channel (green parallel lines on chart) marks an end to the minor bullish trend.
If there is something for bulls to hold the trend are two orange horizontal trendlines suggesting the support area of 18,120-18,000 levels.
The derivative structure of today's expiry signals 18000-18100 as major support and 18,300 being the resistance area.
Unfortunately, the 18,300 tends to be the channel breakdown retest level too.
Today's expiry is likely to be in the range of 18,000-18,300 zone.
The bulls can be in the game only on a break of 18,400.
#SGXNifty
#WeeklyExpiry
#KeepItSimple
After opening gap-up yesterday, the bulls lost its plot to bears from opening and intraday traders made most of the gains.
SGX Nifty signals the bears are in control of the momentum as the breakdown from rising channel (green parallel lines on chart) marks an end to the minor bullish trend.
If there is something for bulls to hold the trend are two orange horizontal trendlines suggesting the support area of 18,120-18,000 levels.
The derivative structure of today's expiry signals 18000-18100 as major support and 18,300 being the resistance area.
Unfortunately, the 18,300 tends to be the channel breakdown retest level too.
Today's expiry is likely to be in the range of 18,000-18,300 zone.
The bulls can be in the game only on a break of 18,400.
#SGXNifty
#WeeklyExpiry
#KeepItSimple
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5 Midcap Stocks Under Rs 100 to Add to Your Watchlist
These five midcap stocks are looking good on the charts and could breakout along with the Nifty midcap index.
http://www.eqtm.in/q5MLi
These five midcap stocks are looking good on the charts and could breakout along with the Nifty midcap index.
http://www.eqtm.in/q5MLi
Equitymaster
5 Midcap Stocks Under Rs 100 to Add to Your Watchlist
These five midcap stocks are looking good on the charts and could breakout along with the Nifty midcap index.
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NASDAQ up 7%, It’s Time for the Nifty IT Index 📈
Nasdaq (NDX) rallied over 7% in yesterday’s session on the back of the short-covering rally.
Do you remember when did Nasdaq rallied over 7% last time?
It’s a rare scenario but are we repeating the V-shape reversal like in 2020?
Post the pandemic fall, the V-shape reversal in global markets lead to a 7+% rally in the index on 24th March 2020 and 6th April 2020.
If you remember, I have recorded a video indicating the Wyckoff bottoming formation in NDX and the Last Point of Support (LPS) is in place for the index. Watch here
The moves are exactly as the textbook pattern and if we go as per the pattern, the bottom is in place for the next few months.
Indian investors, it’s time to focus on an underperforming index - IT Index
The bulls are ready with an open and low nearly same on IT index yesterday.
You can’t keep Infy, TCS, TechM & HCL Tech underperforming for a long-time if you want Nifty to rally higher.
Are you ready?
#Nasdaq
#ITindex
#KeepItSimple
Nasdaq (NDX) rallied over 7% in yesterday’s session on the back of the short-covering rally.
Do you remember when did Nasdaq rallied over 7% last time?
It’s a rare scenario but are we repeating the V-shape reversal like in 2020?
Post the pandemic fall, the V-shape reversal in global markets lead to a 7+% rally in the index on 24th March 2020 and 6th April 2020.
If you remember, I have recorded a video indicating the Wyckoff bottoming formation in NDX and the Last Point of Support (LPS) is in place for the index. Watch here
The moves are exactly as the textbook pattern and if we go as per the pattern, the bottom is in place for the next few months.
Indian investors, it’s time to focus on an underperforming index - IT Index
The bulls are ready with an open and low nearly same on IT index yesterday.
You can’t keep Infy, TCS, TechM & HCL Tech underperforming for a long-time if you want Nifty to rally higher.
Are you ready?
#Nasdaq
#ITindex
#KeepItSimple
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Nifty - Daya, Darwaza Tod Do! 🚪
The gap-up for yet another day at 18,300 after bulls protect the 18,000 mark yesterday seems the breakout from the range of 18,000-18,350 can be on cards.
The Door @ 18,350 🚪
The bulls have managed to sustain above the first hurdle of 18,100 but resisting to cross 18,350, the second hurdle.
Bulls need the power of Daya, the character from the famous show CID who has the capability to break the doors.
The move above 18,350 may accelerate the bullish momentum.
As it's Friday, the continuation of bullish momentum may take the index towards an all-time high of 18,600.
The failure of the structure for bears to attack will be below 17,950-17,900 levels.
(CMP-18,310)
#Nifty
#KeepItSimple
The gap-up for yet another day at 18,300 after bulls protect the 18,000 mark yesterday seems the breakout from the range of 18,000-18,350 can be on cards.
The Door @ 18,350 🚪
The bulls have managed to sustain above the first hurdle of 18,100 but resisting to cross 18,350, the second hurdle.
Bulls need the power of Daya, the character from the famous show CID who has the capability to break the doors.
The move above 18,350 may accelerate the bullish momentum.
As it's Friday, the continuation of bullish momentum may take the index towards an all-time high of 18,600.
The failure of the structure for bears to attack will be below 17,950-17,900 levels.
(CMP-18,310)
#Nifty
#KeepItSimple
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Forwarded from Equitymaster
50,000 views and counting...
The Investor Hour with Vijay Kedia is unmissable.
https://youtu.be/lYlCkXl-RIY
The Investor Hour with Vijay Kedia is unmissable.
https://youtu.be/lYlCkXl-RIY
YouTube
Vijay Kedia on Betting Big on Stocks | Investor Hour
Next 10 Years Belong to this Sector - http://www.eqtm.in/o7P5R
It’s not for no reason that Vijay Kedia has a cult like following in the Indian stock markets.
He has had a string of massive successes, right from 1991...and as a result has scripted the…
It’s not for no reason that Vijay Kedia has a cult like following in the Indian stock markets.
He has had a string of massive successes, right from 1991...and as a result has scripted the…
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Fast Profits Daily
Nifty - Daya, Darwaza Tod Do! 🚪 The gap-up for yet another day at 18,300 after bulls protect the 18,000 mark yesterday seems the breakout from the range of 18,000-18,350 can be on cards. The Door @ 18,350 🚪 The bulls have managed to sustain above the first…
Nifty - High @ 18,348 🙈
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Time to party on D-street as the index hits a 52-week high of 18,362 on Nifty and 61,840 on Sensex.
The PSU Bank index continues to rally for yet another week leading the sectorial indices by 6.46%. I have recorded the video on PSU Bank as My 10 years Bet. Watch here
IT index is forming the bottom pattern as per technical analysis and showing signs of reversal in sync with the Nasdaq. Read here
Nifty breaks out from the major hurdle of 18,350 and the new all-time high can be on cards next week for Indian markets.
Brijesh Bhatia,
Research Analyst, Fast Profits Report
The PSU Bank index continues to rally for yet another week leading the sectorial indices by 6.46%. I have recorded the video on PSU Bank as My 10 years Bet. Watch here
IT index is forming the bottom pattern as per technical analysis and showing signs of reversal in sync with the Nasdaq. Read here
Nifty breaks out from the major hurdle of 18,350 and the new all-time high can be on cards next week for Indian markets.
Brijesh Bhatia,
Research Analyst, Fast Profits Report
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Dear Equitymaster Premium Subscriber,
We have released the Weekly Technical Private Briefing on "The Rath and The Bramashtra".
In this edition, I have analyzed two sectorial ideas which I believe can be the theme for next few months.
Just open your mailbox to read in detail.
Regards,
Brijesh Bhatia.
We have released the Weekly Technical Private Briefing on "The Rath and The Bramashtra".
In this edition, I have analyzed two sectorial ideas which I believe can be the theme for next few months.
Just open your mailbox to read in detail.
Regards,
Brijesh Bhatia.
👍19
Forwarded from Equitymaster
This week on the Investor Hour...
Nilesh Shah is perhaps one of the best debt fund managers India has ever had.
Not only did he rack up great returns, Nilesh once told investors in his fund to redeem their monies as the future was likely to be bleak.
That’s quintessential Nilesh for you. Always focused on his investors.
Nilesh is a big believer in the India story. As he puts it, India’s GDP grew 10x in the last 25 years. And he believes that a 10x will happen again.
Listen in to understand how to play this opportunity...
Nilesh Shah is perhaps one of the best debt fund managers India has ever had.
Not only did he rack up great returns, Nilesh once told investors in his fund to redeem their monies as the future was likely to be bleak.
That’s quintessential Nilesh for you. Always focused on his investors.
Nilesh is a big believer in the India story. As he puts it, India’s GDP grew 10x in the last 25 years. And he believes that a 10x will happen again.
Listen in to understand how to play this opportunity...
YouTube
Nilesh Shah on Destiny, Doing the Right Thing and the Big Indian Investment Opportunity
Get free access to our latest research idea instantly. Visit: http://www.eqtm.in/a8A3L
Nilesh Shah is perhaps one of the best debt fund managers India has ever had. Not only did he rack up great returns, Nilesh once told investors in his fund to redeem their…
Nilesh Shah is perhaps one of the best debt fund managers India has ever had. Not only did he rack up great returns, Nilesh once told investors in his fund to redeem their…
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SGX Nifty indicates the bulls are approaching an all-time high on Nifty.
Indian markets hit the 52-week highs on Friday and a percent away from hitting an all-time high now.
US Tech stocks have led the rally in the last couple of trading sessions as Nasdaq gains ~9% last week.
Nasdaq is trending exactly as per the textbook theory of Wyckoff pattern.
The rising tech stocks in US may witness buying spree in Indian IT stocks as well.
Infy, TCS, TechM & HCLTech should be on your watchlist today.
#SGXNifty - 18,461
Indian markets hit the 52-week highs on Friday and a percent away from hitting an all-time high now.
US Tech stocks have led the rally in the last couple of trading sessions as Nasdaq gains ~9% last week.
Nasdaq is trending exactly as per the textbook theory of Wyckoff pattern.
The rising tech stocks in US may witness buying spree in Indian IT stocks as well.
Infy, TCS, TechM & HCLTech should be on your watchlist today.
#SGXNifty - 18,461
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SGX Nifty is trending higher by 50pts in sync with HangSeng which is up by 2.8%.
HangSeng is trending odd against the global markets which closed between +/- 1% yesterday.
After opening with a gap-up, Indian markets were lacklustre in last few trading sessions. It's been intraday Options Writer's game for the last few weeks.
The trend for Indian markets is bullish but can it hit an all-time high?
Bank Nifty is showing the sign of a bullish continuation from the gap support area and formed a bullish harmonic on 15mins chart. If bulls manage to hold 41,800, they can take it to 42,500-42,800 this week. Watch Chart here
#SGXNifty - 18,428
#BankNifty
#KeepItSimple
HangSeng is trending odd against the global markets which closed between +/- 1% yesterday.
After opening with a gap-up, Indian markets were lacklustre in last few trading sessions. It's been intraday Options Writer's game for the last few weeks.
The trend for Indian markets is bullish but can it hit an all-time high?
Bank Nifty is showing the sign of a bullish continuation from the gap support area and formed a bullish harmonic on 15mins chart. If bulls manage to hold 41,800, they can take it to 42,500-42,800 this week. Watch Chart here
#SGXNifty - 18,428
#BankNifty
#KeepItSimple
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Fast Profits Daily
Are the Nifty Bulls Tired? 🤨 Decoding the Charts, Video Coming Soon...
YouTube
Are the Nifty Bulls Tired? | Nifty Analysis | Bearish Harmonic |
Get free access to our latest research idea instantly. Visit: http://www.eqtm.in/i7D9C
Nifty has hit the new 52week high of 18,399 yesterday but the gap-up opening and the lackluster momentum is the saga for the past few sessions on Nifty.
The index is…
Nifty has hit the new 52week high of 18,399 yesterday but the gap-up opening and the lackluster momentum is the saga for the past few sessions on Nifty.
The index is…
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