The lackluster week on D-street ends on a flat note; Nifty ends at 18,307 losing 0.2%.

It was the Option Writer’s week as Nifty hovers in the range of ~1% during the week, the derivative structure indicates the range-bound week ahead as the range narrows as per OI table.

Bank Nifty is likely to witness the bullish momentum towards the 43,000-43,290 zone next week, the dips to 41,874-42,036 can be the entry level for bulls.

Brijesh Bhatia,
Research Analyst, Fast Profits Report

Mihir Vora on GARP Investing

Mihir Vora is a ‘growth at a reasonable price (GARP)’ stock picker. He is always thinking where he can find growth...and how he can get to ride it in a way that ends in potentially large profits.

Fortunately for his investors, he does this quite often!

I talk to Mihir about his journey, his GARP approach, and as always about portfolio construction and asset allocation.

Listen in... https://youtu.be/nUmZpf42iVY

Recent editions of the Investor Hour...

Nilesh Shah on Destiny, Doing the Right Thing and the Big Indian Investment Opportunity

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SGX Nifty indicates gap-down at 18,300.

The global markets were trending in the range on Friday.

The last hour reversal in Nifty on Friday marks 18,200 as crucial support area.

An Open Interest structure highlights the rangebound week for Options Writer's.

Stock Market Update - SGX Nifty Down 82 Points | Export Duty Scrapped on Iron Ore, Steel | Zomato's Third High-Profile Exit | Top Buzzing Stocks Today

Top cues to track in today's stock market session.

http://www.eqtm.in/Ha67P

PSU Banks outperform Private Banks 📈💰

What are you buying?
👍🏻 PSU Banks
👎🏻 Private Banks
❤️ Mix of Both

PSU Banks 🔥

SGX Nifty trades 50points higher at 18,255 📈

Global indices trades in the narrow range yesterday while Nifty too hovers in the range of 2%.

Derivative structure indicates the range of 18,000-18,500 till F&O expiry (Thursday).

The rebound in WTI Crudeoil from key support area of $75 yesterday will be important to watch for equity indices.

The range for Nifty is 18,079 - 18,326. Intraday traders can look to buy around 18,100 and sell around 18,300.

#SGXNifty
#KeepItSimple

Nifty - Bullish Harmonic


SGX Nifty indicated a positive opening of over 50points, but the Indian traders have different plans.

After opening in marginal green, the index slipped towards yesterday’s low, showing signs of reversals.

The Reversal Pattern at 200EMA

The Bullish Anti-Shark harmonic pattern is visible on short—term chart (30mins) of Nifty.

The reversal pattern is completed at 200EMA (Exponential Moving Average) on 30mins indicating the reversal from the support area.

Intraday traders can buy the dips and look for 18,245-18278 levels.
(CMP-18,180)

#Nifty

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PSU Bank Stocks Are Rising. What Next?

The PSU Bank index has broken out of the falling trendline indicating an end to the 12-year-long bearish trend.

http://www.eqtm.in/Yb36H

Is the Adani Rally Running Out of Steam?

Adani stocks were on fire for a long time. But is the rally over now?

http://www.eqtm.in/Pa8w5

SGX Nifty indicates Gap-up opening of 60pts at 18,350 as global markets rally over a percent.

Dow Jones reclaims 34,000 marks and trends bullish. The support of 33,200 held by bulls signals the strength in the momentum. Watch chart here https://t.me/FastProfitsReport/1039

Nifty spot above 18,300 may witness short covering rally in 18300CE taking index higher.

#SGXNifty

It’s another day for options writer’s as the index trades in the narrow range for the straight third day; Nifty ends at 18,267 gaining 0.13%.

The bearish belt hold is visible on the daily chart of Nifty at 61.80% Fibonacci retracement of 18,442 to 18,133. If bulls want to take the Nifty higher, they need to cross today’s high of 18,325.

On Bank Nifty, 42,416-42,543 can act as a demand zone on expiry day while 43,076 will be the major hurdle as per derivative structure.

Brijesh Bhatia,
Research Analyst, Fast Profits Report

WTI Crudeoil - Bearish Head & Shoulder Pattern 📉

US markets rally ahead of Thanksgiving holiday; Nasdaq gains 1% as Tesla rally 7.82%.

SGX Nifty indicating the positive opening of 90points.

It's D-Day as Nifty trends around do-or-die range of 18,179-18,331.

The 18300CE writer's may come to cover on the move above 18,340-18350 zone as yesterday's gap-up opening was opportunity for writer's to short the ATM calls.

The premium are lowers and writer's are targeting ATM options and they have been successfully as index trades in the range for first three days of the week.

The bearish belt-hold candlestick pattern at 61.80% Fibonacci retracement indicates the major resistance at yesterday's high.

The bulls need to surpass 18,350 for the bullish momentum; cross can lead expiry high around 18,440-18,489 zone.

Nikkei and HangSeng trends higher for the day.

#SGXNifty
#DailyPreMarket

Nifty - 18,200-18,400 seems the range for the day 📈📉

What is your Strategy for the Day?

👍🏻 Buy CE / Sell PE
👎🏻 Buy PE / Sell CE
❤️ Short Straddle / Strangle

Nifty trades in the range...


Last 30mins to Go.....CMP-18,395

👍 18450
👎 18350
❤️ Let it be 18,400