The bulls roared in the last hour taking the Nifty above 18,800; ends at 18,758 gaining 0.75%.
The Midcap index has broken out a symmetrical triangle pattern. December can be the month for Midcaps. Add these midcap stocks to your watchlist for the next leg of a bullish trend in the Midcap index. Watch here
BankNifty can lead the rally in the second half of the week as it breaks out of the bullish pennant pattern; the target can be 44,000+. Read here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
The Midcap index has broken out a symmetrical triangle pattern. December can be the month for Midcaps. Add these midcap stocks to your watchlist for the next leg of a bullish trend in the Midcap index. Watch here
BankNifty can lead the rally in the second half of the week as it breaks out of the bullish pennant pattern; the target can be 44,000+. Read here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
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The US markets rallied in the last hour after Federal Reserve Chair Jerome Powell said the pace of its interest rate hikes will be slower from December.
The US Tech stocks rallied as Nasdaq gains 4.6%. I believe the Nasdaq has bottomed out and Indian IT stocks can benefit from the short-covering rally in Nasdaq. Watch my video here
SGX Nifty indicates the opening around the 19,000 mark in sync with the US markets.
Who will lead the day?
I believe it's time for Bank Nifty to lead the way as it breaks out of the bullish pennant pattern. Chart here
#SGXNifty 18,992
#PreMarket
The US Tech stocks rallied as Nasdaq gains 4.6%. I believe the Nasdaq has bottomed out and Indian IT stocks can benefit from the short-covering rally in Nasdaq. Watch my video here
SGX Nifty indicates the opening around the 19,000 mark in sync with the US markets.
Who will lead the day?
I believe it's time for Bank Nifty to lead the way as it breaks out of the bullish pennant pattern. Chart here
#SGXNifty 18,992
#PreMarket
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Fast Profits Daily
BankNifty to Bulls - Abhi Hum Zinda Hai 📈😊 BankNifty has been in mute mode in the last couple of trading sessions while Nifty is hitting an all-time high. The last hour's bullish momentum triggers the breakout from the bullish pennant technical pattern.…
Bank Nifty - Do Not Miss This 📈
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The bulls hit the new high of 18,887 on Nifty but the lackluster momentum on the weekly expiry day kept the index in the range; ends at 18,812 gaining 54 points.
Bulls need to surpass today’s high on Nifty to gain bullish momentum as the sellers were active after the first hour.
The pennant breakout on Bank Nifty was retested during the day offering the low-risk, high-reward setup to longs; the pattern negates below 42,789.
Midcap index has broken out of the triangle pattern and is likely to outperform in the Santa rally.
Brijesh Bhatia
Research Analyst, Fast Profits Report
Bulls need to surpass today’s high on Nifty to gain bullish momentum as the sellers were active after the first hour.
The pennant breakout on Bank Nifty was retested during the day offering the low-risk, high-reward setup to longs; the pattern negates below 42,789.
Midcap index has broken out of the triangle pattern and is likely to outperform in the Santa rally.
Brijesh Bhatia
Research Analyst, Fast Profits Report
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SGX Nifty indicates negative opening of 60points at 18,913 as US markets ends on negative note.
Asian indices trade mix in the morning.
Intraday traders need to cross yesterday's high of 18,887 on Nifty for next leg of bullish momentum. On the other side of table, the bears will attack on breach of 18,674.
BankNifty can be the trade for bulls with the negative opening. The bullish pennant breakout has been retested yesterday. The dip today can be an opportunity for bulls till 42,730 is protected.
Midcap Index too broke out from symmetrical triangle pattern. Investors should focus on to the outperforming Midcap stocks.
#SGXNifty
#PreMarket
Asian indices trade mix in the morning.
Intraday traders need to cross yesterday's high of 18,887 on Nifty for next leg of bullish momentum. On the other side of table, the bears will attack on breach of 18,674.
BankNifty can be the trade for bulls with the negative opening. The bullish pennant breakout has been retested yesterday. The dip today can be an opportunity for bulls till 42,730 is protected.
Midcap Index too broke out from symmetrical triangle pattern. Investors should focus on to the outperforming Midcap stocks.
#SGXNifty
#PreMarket
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MidCap Index - Increase Weights in MidCap Stocks
As Nifty50 hits new all-time high in the early this week, the MidCap index is too gaining the bullish momentum.
Index has broken out of the symmetrical triangle pattern as the sentiments turns bullish on D-street.
Midcap Index is likely to outperform Nifty50 for next couple of months
#MidcapIndex
#KeepItSimple
As Nifty50 hits new all-time high in the early this week, the MidCap index is too gaining the bullish momentum.
Index has broken out of the symmetrical triangle pattern as the sentiments turns bullish on D-street.
Midcap Index is likely to outperform Nifty50 for next couple of months
#MidcapIndex
#KeepItSimple
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Forwarded from Equitymaster
This week on the Investor Hour...
Sumeet Nagar of Malabar Investments.
Sumeet’s amazing track record in the smallcap and midcap space is no fluke.
He has a solid decision-making process on which stocks to buy, how much to buy, and, equally importantly, when to sell.
We dig into each of these aspects. We also talk asset allocation, on India’s prospects, and new age tech stocks.
Watch here - https://youtu.be/yAAM3jcgOPQ
Sumeet Nagar of Malabar Investments.
Sumeet’s amazing track record in the smallcap and midcap space is no fluke.
He has a solid decision-making process on which stocks to buy, how much to buy, and, equally importantly, when to sell.
We dig into each of these aspects. We also talk asset allocation, on India’s prospects, and new age tech stocks.
Watch here - https://youtu.be/yAAM3jcgOPQ
YouTube
Sumeet Nagar on Making it Big with Small & Midcap Stocks | Investor Hour
Get free access to our latest research idea instantly. Visit: http://www.eqtm.in/a8A3L
Sumeet Nagar’s amazing track record in the smallcap and midcap space is no fluke.
He has a solid decision-making process on which stocks to buy, how much to buy, and…
Sumeet Nagar’s amazing track record in the smallcap and midcap space is no fluke.
He has a solid decision-making process on which stocks to buy, how much to buy, and…
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Asian markets trades higher; SGX Nifty indicates positive opening of 38pts at 18,862.
BankNifty likely to lead the next leg of bullish momentum. Watch here
It's time to buy the Midcap stocks as the Midcap Index breaks out of symmetrical triangle.
#Pre-Market
#SGXNifty
BankNifty likely to lead the next leg of bullish momentum. Watch here
It's time to buy the Midcap stocks as the Midcap Index breaks out of symmetrical triangle.
#Pre-Market
#SGXNifty
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Dow Jones fell by 1.40% while Nasdaq fell the most by 1.93%as Tesla falls over 6%.
Asian Indices trade on a flat note while SGX Nifty trades down by 67 points at 18,743.
The first-hour selling yesterday lacked the follow-up seller while the buyers reclaimed 18,700 on Nifty.
The range of 18,574-18,742 will be the deal breaker for bulls and bears on Nifty.
Bank Nifty was stronger in yesterday's session as it ended positively with gains of 0.53%. Traders should buy the dip with the stop-loss of 42,724 considering the target of 44,000+ in the coming days as per the bullish pennant pattern.
Short-term traders are betting on Realty stocks as they break out of technical patterns; are you missing the rally?
Metals index hits a new all-time high of 6,385. What are you buying?
Watch my video on "The Best Metals Stocks to Buy?" Click here
Metals and Realty are the stock to watch today in the dip.
#Pre-Market
#SGXNifty
Asian Indices trade on a flat note while SGX Nifty trades down by 67 points at 18,743.
The first-hour selling yesterday lacked the follow-up seller while the buyers reclaimed 18,700 on Nifty.
The range of 18,574-18,742 will be the deal breaker for bulls and bears on Nifty.
Bank Nifty was stronger in yesterday's session as it ended positively with gains of 0.53%. Traders should buy the dip with the stop-loss of 42,724 considering the target of 44,000+ in the coming days as per the bullish pennant pattern.
Short-term traders are betting on Realty stocks as they break out of technical patterns; are you missing the rally?
Metals index hits a new all-time high of 6,385. What are you buying?
Watch my video on "The Best Metals Stocks to Buy?" Click here
Metals and Realty are the stock to watch today in the dip.
#Pre-Market
#SGXNifty
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Nifty - Tug-of-War in this Range
The index witnessed profit bookings from the high of 18,887 to 18,591 while SGX Nifty is indicating a negative opening.
Technically, the bulls have an excellent opportunity in the dip as the multiple technical structure signals 18,452 a do-or-die level.
1. The rising trendline (brown)
2. 34EMA (orange)
3. The range of 18,590-18,730
The break above 18,750 will signal the swing low as the short-term bottom and bulls can look to buy with the stop-loss of the lows.
The bears can attack only on the breach of 18,450.
#Nifty
#KeepItSimple
The index witnessed profit bookings from the high of 18,887 to 18,591 while SGX Nifty is indicating a negative opening.
Technically, the bulls have an excellent opportunity in the dip as the multiple technical structure signals 18,452 a do-or-die level.
1. The rising trendline (brown)
2. 34EMA (orange)
3. The range of 18,590-18,730
The break above 18,750 will signal the swing low as the short-term bottom and bulls can look to buy with the stop-loss of the lows.
The bears can attack only on the breach of 18,450.
#Nifty
#KeepItSimple
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US markets fell over a percent for consecutive days; Asian markets trades flat. SGX Nifty is trading down by 25 points at 18,727.
On Dow Jones hourly chart, the breakdown of the rising megaphone pattern indicates the bears are having the upper hand in momentum. The 33,000 will be key to watch this week as 200HEMA is placed at 33,231. Chart here
The bulls managed to hold the minor support of ~18,550 at the rising trendline followed by the range support.
The volatility can be on cards with the Gujarat election results being declared tomorrow. Additionally, we have weekly expiry for Nifty and Bank Nifty too. It is advisable to keep the size of your position lower or hedge to avoid risk.
Intraday traders should wait for the break of 18,550-18,750 on Nifty before initiating the trade.
Who will win the election in Gujarat?
👍🏻 BJP
👏🏻 Congress
❤️ AAP
On Dow Jones hourly chart, the breakdown of the rising megaphone pattern indicates the bears are having the upper hand in momentum. The 33,000 will be key to watch this week as 200HEMA is placed at 33,231. Chart here
The bulls managed to hold the minor support of ~18,550 at the rising trendline followed by the range support.
The volatility can be on cards with the Gujarat election results being declared tomorrow. Additionally, we have weekly expiry for Nifty and Bank Nifty too. It is advisable to keep the size of your position lower or hedge to avoid risk.
Intraday traders should wait for the break of 18,550-18,750 on Nifty before initiating the trade.
Who will win the election in Gujarat?
👍🏻 BJP
👏🏻 Congress
❤️ AAP
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US markets trades flat to negative yesterday; Nasdaq fell the most with loss of 0.45%.
SGX Nifty indicates the flat opening at 18,665.
Indian markets are likely to be volatile due to state election results; avoid leveraging.
On Nifty, the break of 18,442-18,735 will the trend decider for December month.
#PreMarket
#SGXNifty
SGX Nifty indicates the flat opening at 18,665.
Indian markets are likely to be volatile due to state election results; avoid leveraging.
On Nifty, the break of 18,442-18,735 will the trend decider for December month.
#PreMarket
#SGXNifty
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SGX Nifty indicates the negative opening of around 70points at 18,520.
The sell-off on Friday was halted at support area. With the negative opening, if bulls manage to hold 18,389 in the first hour of the day, we may see an upside momentum in the second half.
BankNifty is outperforming and should be bought on dip to 43,400-43,500.
In cash stocks, PSU Banks can be the trade for December series.
#PreMarket
#SGXNifty
The sell-off on Friday was halted at support area. With the negative opening, if bulls manage to hold 18,389 in the first hour of the day, we may see an upside momentum in the second half.
BankNifty is outperforming and should be bought on dip to 43,400-43,500.
In cash stocks, PSU Banks can be the trade for December series.
#PreMarket
#SGXNifty
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Nifty – Reversal from Angel’s Number
Do you know – 18,888 is an angel number and an important cycle or phase is about to end as per numerologists?
Nifty hit the high of 18,887.60, rounding it to 18,888 and that may act as a major hurdle for bulls now.
On the hourly chart, index is trading at a support area of 18-365-18,416 and the last hour’s bullish momentum indicates the bulls are grabbing an opportunity at the support zone.
The Relative Strength Index - RSI slope has turned northwards from 30, an oversold zone indicating the resumption of bullish momentum.
Stochastic – the momentum indicator too indicating the bullish trade for the day. The positive crossover strengthens the day trader’s setup.
In the negative opening, watch out for 18,365-18,415 in the first hour of the day.
#Nifty
#KeepItSimple
Do you know – 18,888 is an angel number and an important cycle or phase is about to end as per numerologists?
Nifty hit the high of 18,887.60, rounding it to 18,888 and that may act as a major hurdle for bulls now.
On the hourly chart, index is trading at a support area of 18-365-18,416 and the last hour’s bullish momentum indicates the bulls are grabbing an opportunity at the support zone.
The Relative Strength Index - RSI slope has turned northwards from 30, an oversold zone indicating the resumption of bullish momentum.
Stochastic – the momentum indicator too indicating the bullish trade for the day. The positive crossover strengthens the day trader’s setup.
In the negative opening, watch out for 18,365-18,415 in the first hour of the day.
#Nifty
#KeepItSimple
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Fast Profits Daily
Nifty – Reversal from Angel’s Number Do you know – 18,888 is an angel number and an important cycle or phase is about to end as per numerologists? Nifty hit the high of 18,887.60, rounding it to 18,888 and that may act as a major hurdle for bulls now. On…
Nifty - Turning from Demand Zone 📈
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The bulls grabbed an opportunity with the negative opening; ends the day on a flat note for Nifty at 18,497.
Nifty has reversed from the demand zone of multiple support areas and positive divergence on RSI. The chart was shared in the morning. Read here
The bullish meeting line candlestick pattern is formed on the daily chart of Nifty indicating today’s low as a make-or-break for trend resumption. Can we have 19,000 soon?
Bank Nifty continue to outperform, and trending as highlighted in the video. Watch here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
Nifty has reversed from the demand zone of multiple support areas and positive divergence on RSI. The chart was shared in the morning. Read here
The bullish meeting line candlestick pattern is formed on the daily chart of Nifty indicating today’s low as a make-or-break for trend resumption. Can we have 19,000 soon?
Bank Nifty continue to outperform, and trending as highlighted in the video. Watch here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
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US markets rally over a percent on anticipation of positive outcome from Fed meetings and inflation data this week.
SGX Nifty is trading up by 24 points at 18,622.
The Bullish Meeting Lines candlestick reversal pattern is visible on the daily chart of Nifty yesterday; the low can be the stop-loss for bulls.
Additionally, Nifty has reversed from the multiple support zone on hourly chart with positive divergence on Relative Strength Index (RSI). Chart here
For commodity traders, WTI Crudeoil has broken below the neckline of head & shoulder pattern; any rise to retest the breakdown at $75-76 will be an opportunity to go shorts.
Equity investors can focus on the stocks benefiting from fall in Crudeoil prices.
#PreMarket
#SGXNifty
SGX Nifty is trading up by 24 points at 18,622.
The Bullish Meeting Lines candlestick reversal pattern is visible on the daily chart of Nifty yesterday; the low can be the stop-loss for bulls.
Additionally, Nifty has reversed from the multiple support zone on hourly chart with positive divergence on Relative Strength Index (RSI). Chart here
For commodity traders, WTI Crudeoil has broken below the neckline of head & shoulder pattern; any rise to retest the breakdown at $75-76 will be an opportunity to go shorts.
Equity investors can focus on the stocks benefiting from fall in Crudeoil prices.
#PreMarket
#SGXNifty
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Fast Profits Daily
https://youtu.be/-uM-_xQq1Us
BankNifty - New ATH @ 43,889.....Are you enjoying the Santa Claus Rally 📈
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