Fast Profits Daily
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Want to be a part of ace trader Brijesh Bhatia’s charting journey – as he shares with his readers how to create wealth from the profitable trade setup.Then you’re at the right place!
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Dow Jones - Heading higher from Support Zone

1. Parallel support zone (green lines)
2. Fibonacci Retracement of 78.60%
3. 100DEMA
4. Stochastic turning northwards from oversold zone

#KeepItSimple
MCX Nickel at pocket of Resistance

1. Rising Channel.
2. Probable Double Top.
3. Bearish Engulfing at resistance of channel.
4. Follow-up selling confirming the reversal.

#KeepItSimple
Amazon - A to Z for Bulls

Rectangle Breakout and Re-test
offers best low risk - high reward trade setup.

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Chart of the Day: Nifty Energy Index

Index is at do-or-die level for bulls as its at support of 8-months rising trendline.

The close below 19,000 mark on index will confirm an end to short-term bullish scenario for energy index.

#KeepItSimple
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The bulls return on D-street as Nifty reclaims 15,800; ends at 15,824 gaining 192 points.

Bulls may have hard time to close above the gap of 18,836-15,890 on last day of the week.

The rally in Midcap and Small cap continues and outperformance over Nifty might prolong for this quarter.

Brijesh Bhatia
Research Analyst, Fast Profit Report
Predict Stock’s Next Move Using Volumes | Proven Trading Setups | Brijesh Bhatia

Volumes play a key role in identifying emerging trends.

They help you track activities of big smart investors.

Watch this video to learn how to use volumes to identify trades with astonishing risk:reward profile.

https://youtu.be/iKrOT6fzts4
Chart of the Day: Nifty Futures

The Monday gap-down on Nifty and pull-back resisted at the gap area of 15,836-15,890 and trending downwards.

Bulls need to cross 16,000 mark for resumption of bullish momentum or it might trend with bearish to range bound biased.

#KeepItSimple
Lets talk over a cup of COFFEE

ICE US Coffee price has hit 80 months highest level of $195 and heading higher.

Investors should not miss an opportunity to invest in Indian coffee stock.

We discussed with our subscribers in Fast Profits Report. You can subscribe to our report here.

Report https://www.equitymaster.com/fast-profits-report/?utm_source=footer
How Fund Managers Spot Winning Stocks | Proven Trading Setups | Brijesh Bhatia

Fund managers don’t buy stocks on a whim. They buy only when they can get the best price in the market.

By using Wyckoff Accumulation Analysis, you can get the same edge as fund managers. And buy your stocks at the best possible price.

Watch this video to learn how to use Wyckoff Accumulation Analysis to spot winning stocks like fund managers.

https://youtu.be/J0uKzDgPZ_M
Fast Profits Daily - How to Pick Momentum Stocks

Use my trading momentum strategy to increase your trading profits.

http://www.eqtm.in/y8CMx
Fast Profits Daily
Chart of the Day: Bitcoin Is this new asset class Exciting & Rewarding? Crypto trading is like visiting an amusement park with ride so fascinating and the biggest ride you see from far away excites to you visit the park, but at the same time you are afraid…
Bitcoin - Is $28,000 the bottom for H2-2021?

The bitcoin (BTCUSD) has formed the Spring / Shakeout low of $28,600 in June 2021 as per Wyckoff Theory.

After posting the low of $29,296 in July 2021, it marked as Last Point of Support (LPS) and trading above the previous swing high of $36,600 confirming the move into the Phase D of Wyckoff Theory.

The volatility is back in cryptos and traders should keep in mind the risk they are taking while trading cryptos, Risk the money what your pocket can afford.

#KeepItSimple
Chart of the Day: Equal Weighted Sugar Index - A Sweet Tooth

Equal Weighted Sugar Index (EWSI) has resumed its bullish momentum as it break 9 days high.

Stochastic, the momentum indicator is turning bullish after testing the oversold level signaling the bulls are having sweet time.

#KeepItSimple
An Indicator to Predict Upcoming Bull Run | Proven Trading Setups | Brijesh Bhatia

You can identify the strength and momentum of emerging trends by using ADX indicator.

Derivatives traders can even use it detect range bound markets for deploying options writing strategies.

Watch this video to learn how to use ADX indicator to predict upcoming bull runs.

https://youtu.be/zHKfF49BZ34
Chart of the Day: DJIA - If you can't be good, be careful

This is the comparison chart of Dow Jones Industrial Average (DJIA) vs Dow Jones Transportation Average (DJTA).

The Dow Jones Transportation Average is closely watched to confirm the state of the U.S. economy. This theory maintains that as the industrials make and the transports take, the DJTA should confirm the trend of the DJIA. A divergence indicates a potential reversal of the trend.

Since July 2021, we are witnessing the divergence between DJIA and DJTA indicating the caution for DJIA.

Though the reversal is yet to confirm for DJIA, but traders and investors should not ignore this alarm.

#KeepItSimple
The volatility spikes ahead of monthly expiry; Nifty ends on flat note at 15,709 losing 37 points.

As per Wyckoff theory, Nifty and Bank Nifty seems into short term distribution phase indicating the bears are in control.

If we compare Dow Jones Industrial Average (DJIA) vs Dow Jones Transportation Average (DJTA), we are witnessing the divergence between DJIA and DJTA indicating the caution for DJIA.

Brijesh Bhatia
Research Analyst, Fast Profit Report
The Best Sector of 2021?

On the first day of New Year 2021, I released the video on The Best Sector of 2021 on Metals Index.

Watch here https://www.youtube.com/watch?v=j_ByIGE0dbM

We are in end of July and metals index is up by 70+%. It is not done yet.

Index has broken out of a breather zone and continuing its bullish momentum and more bullish move on cards.

Investors should not miss such opportunities and manage the risk accordingly.

#KeepItSimple
Is this the calm before the storm?

Nifty ends in a narrow range for consecutive months; July F&O series ends on flat note at 15,778.

Bollinger Bands on daily chart is at the lowest level since May 2019; widening can be on cards.

The rectangle structure on index is likely to break sooner or later. The lower low – lower high on RSI indicates downwards momentum.

Brijesh Bhatia
Research Analyst, Fast Profit Report
Detect Anomaly in Stock Prices Before Anyone | Proven Trading Setups | Brijesh Bhatia

Stock prices rise slowly but the crashes are always fast and deep. A sudden fall in your stocks can wipe out your gains instantly.

By using Wyckoff Distribution system you can detect anomaly in stock prices before anyone. Fund managers use this system to identify upcoming crashes. So that, they can sell their stock holdings at a higher price.

Watch this video to learn how to use Wyckoff Distribution system to be ahead of crowd and sell your stocks before major sell-offs.

https://youtu.be/cNMy4bxdu_8
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Watch my latest interview with CNBC TV-18 on stocks with bullish and bearish technical setups.

I’ve covered stocks from pharma, consumer durables and banking sector.

My analysis says, these stock could head higher in the coming weeks and months.

(Aired on CNBC TV-18 today, 30-Jul-2021 at 11:36am)

#KeepItSimple
The consecutive narrow range month on D-street hinder the trend traders; Nifty ends the month at 15,763 gaining 0.26%.

Will Nifty cross 16,000 mark or are we heading down in August?

Watch my Fast Profits Video on Monday where I will be discussing technical setup for Nifty.

Brijesh Bhatia
Research Analyst, Fast Profit Report