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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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
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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
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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
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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
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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
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Dow Jones @ Do-or-Die Level
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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
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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
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Manpower without Unity is not a Strength. -Sardar Vallabhbhai Patel
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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
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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
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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
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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
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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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Has YES Bank Bottomed?

As banking stocks are trending, Yes Bank is in bullish momentum and has rallied over 50%. But what comes next?

http://www.eqtm.in/Km29M
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The traders cheer the new all-time high for Bank Nifty of 43,983; outperforms over Nifty in this quarter.

The ratio chart of Bank Nifty / Nifty50 has broken out of ascending triangle pattern; signaling the continuation of outperformance of Bank Nifty. Watch my Bank Nifty video here

Nifty has reversed from the support area indicating the recent swing low of 18,345 as an immediate support area. The major hurdle for bulls is 18,774-18,900.

Brijesh Bhatia,
Research Analyst, Fast Profits Report
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The roller-coaster ride on Wall Street ends in green; IT stocks witnessed short-covering rally as Nasdaq ends with 1% gains.

SGX Nifty is trading up by 100 points at 18,800.

The Meeting Lines candlestick pattern followed by bullish momentum marks the short-teem bottom at 18,300.

Let's hit the 19,000 mark on Nifty with the year end rally 📈

BankNifty continues to outperform over Nifty50.

The recent breakout from ascending triangle on the ratio chart of BankNifty/ Nifty50 indicates the bulls to ride longs on BankNifty.

IT sector should be on your watchlist for day traders on the back of Nasdaq rally yesterday.

#PreMarket
#SGXNifty
#BankNifty
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SGX Nifty - The Resurgence of Bullish Momentum

The US market witnessed the roller coaster ride yesterday after positive economic data. SGX Nifty too followed the footsteps of US markets and fell to 18,746 from the high of 18,909.

Technically, the breakout of short-term momentum is visible on 4hours chart.

1. Trendline breakout.
2. Bullish candle at breakout will act as support.
3. 50EMA is the bulls entry.
4. Index turned bullish from 61.80% Fibonacci Retracement.

The recent low and 200EMA at ~18,400 will be the trend change level.

Hey Bulls, Are you with me for 19,000?

👍 Yes
👎 No
❤️ Let's hit 19,000 in 2023

#SGXNifty
#KeepItSimple
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Fast Profits Daily
Fast Profits Daily - My Contrarian Bet for this Decade Looking for a contrarian long-term investment? Your search ends here... http://www.eqtm.in/m4B2Z
PSU Bank Index Up by 70+% in 5 months 💰🔥


Did you Buy the stocks after our video?

👍🏻 Yes, I'm Riding it 😊
👎🏻 No, I don't trust PSU Banks 😏
❤️ Watched the Video but missed the rally 😟
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