Fast Profits Daily - These Stocks Can Go Up Just Like PSU Banks
PSU banks have dominated the return charts recently. But do you know the next big sector that is ready to go up? Find out in this video.
http://www.eqtm.in/p7G2C
PSU banks have dominated the return charts recently. But do you know the next big sector that is ready to go up? Find out in this video.
http://www.eqtm.in/p7G2C
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US Equity Markets witnessed the worst day in three months as they corrected over 2% each on the back of poor economic numbers triggering the fear of recession.
Global markets are trending lower. SGX Nifty is down over 60 points and trading below 18,400.
Indian markets witnessed the profit bookings on weekly expiry yesterday.
Intraday traders should look to buy Nifty in the range of 18,267-18,305 as the bullish harmonic pattern completes in this range.
On BankNifty, 43,000-43,100 will be the key support area for bulls.
#PreMarket
#SGXNifty
Global markets are trending lower. SGX Nifty is down over 60 points and trading below 18,400.
Indian markets witnessed the profit bookings on weekly expiry yesterday.
Intraday traders should look to buy Nifty in the range of 18,267-18,305 as the bullish harmonic pattern completes in this range.
On BankNifty, 43,000-43,100 will be the key support area for bulls.
#PreMarket
#SGXNifty
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BankNifty Futures - Bullish Harmonic
The much-awaited dip in the markets for the best risk-reward trade is here and traders should grab this opportunity.
The Bullish Harmonic pattern is visible on the hourly chart of Bank Nifty Futures and the price has respected the reversal levels.
Since the first tick, the bulls are grabbing the opportunity and I hope you are not missing it.
The pattern suggests BankNifty heads higher back to the 44,000+ levels. The pattern negates below 43,179.
(CMP-43,570)
#BankNifty
#KeepItSimple
The much-awaited dip in the markets for the best risk-reward trade is here and traders should grab this opportunity.
The Bullish Harmonic pattern is visible on the hourly chart of Bank Nifty Futures and the price has respected the reversal levels.
Since the first tick, the bulls are grabbing the opportunity and I hope you are not missing it.
The pattern suggests BankNifty heads higher back to the 44,000+ levels. The pattern negates below 43,179.
(CMP-43,570)
#BankNifty
#KeepItSimple
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Fast Profits Daily
Investor's Don't Miss this Sector!! https://www.youtube.com/watch?v=QECaCIkukTg&t=8s
The Dream Run! 💰💰💰
No One Believed in PSU Banks when I did the video in July 2022, now everyone is talking about PSU Banks...FOMO!
Will you still Buy Best PSU Banks Stocks?
👍🏻 Yes
👎🏻 No
❤️ Avoiding this Sector
No One Believed in PSU Banks when I did the video in July 2022, now everyone is talking about PSU Banks...FOMO!
Will you still Buy Best PSU Banks Stocks?
👍🏻 Yes
👎🏻 No
❤️ Avoiding this Sector
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US Markets fell for straight third day on Friday; ended the week with 1.66% loss at 32,920.
Interestingly, the index has retested the breakout of falling trendline. The breakout was in early November and the retest seems an excellent opportunity on Wall-Street. The bulls needs to protect 32,000 for resumption of bullish trend.
Indian markets corrected in sync with global markets. The profit bookings ahead of Christmas holidays and fear of recession led to the fall.
Should you buy the dip?
Nifty is trending above the previous breakout level at 18,100 while the multiple bullish harmonic patterns are visible in the range of 18,100-18,200. The reversal can head higher at 19,000 levels.
SGX Nifty indicates positive opening. Trader's can look to buy the dip or above 18,330 (spot). The 18,500 may act as hurdle for this week.
#SGXNifty
#PreMarket
Interestingly, the index has retested the breakout of falling trendline. The breakout was in early November and the retest seems an excellent opportunity on Wall-Street. The bulls needs to protect 32,000 for resumption of bullish trend.
Indian markets corrected in sync with global markets. The profit bookings ahead of Christmas holidays and fear of recession led to the fall.
Should you buy the dip?
Nifty is trending above the previous breakout level at 18,100 while the multiple bullish harmonic patterns are visible in the range of 18,100-18,200. The reversal can head higher at 19,000 levels.
SGX Nifty indicates positive opening. Trader's can look to buy the dip or above 18,330 (spot). The 18,500 may act as hurdle for this week.
#SGXNifty
#PreMarket
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Nifty Futures - Bullish Harmonic
Indian markets have corrected over 3% from highs in sync with the US markets as the fear of recession mounts with the economic data last week. The fear resulted in profit bookings at higher levels.
An outperformance of Indian markets may prolong over the US.
The Dip, It’s a Buy
On the hourly chart of Nifty Futures (Continuous Contract), the Bullish Gartley Harmonic pattern is visible at today’s day low of 18,308.
The harmonic is the reversal pattern and is calculated using multiple Fibonacci retracements.
On Nifty Futures, the reversal is confirmed with the bullish bar and positive divergence on RSI.
Trader’s can look to buy the dips. The pattern negates on a break of 18,289.
(CMP-18,390)
#Nifty
#KeepItSimple
Indian markets have corrected over 3% from highs in sync with the US markets as the fear of recession mounts with the economic data last week. The fear resulted in profit bookings at higher levels.
An outperformance of Indian markets may prolong over the US.
The Dip, It’s a Buy
On the hourly chart of Nifty Futures (Continuous Contract), the Bullish Gartley Harmonic pattern is visible at today’s day low of 18,308.
The harmonic is the reversal pattern and is calculated using multiple Fibonacci retracements.
On Nifty Futures, the reversal is confirmed with the bullish bar and positive divergence on RSI.
Trader’s can look to buy the dips. The pattern negates on a break of 18,289.
(CMP-18,390)
#Nifty
#KeepItSimple
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Fast Profits Daily
Nifty Futures - Bullish Harmonic Indian markets have corrected over 3% from highs in sync with the US markets as the fear of recession mounts with the economic data last week. The fear resulted in profit bookings at higher levels. An outperformance of Indian…
Nifty Futures 18,390 to 18,490+ 📈
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US markets carry-on with the ladt week's bearish tone on Monday; IT Index Nasdaq fell the most with 1.5% loss.
As per Wyckoff theory, Nasdaq seems forming the last of support this week after forming the shake out in mid October.
On Nifty, the bullish harmonic pattern is visible on the hourly chart and the reversal momentum yesterday confirms the resumption of bullish trend. Chart here
BankNifty needs to cross 43,570 for resumption of bullish momentum. Trader's should keep this levels on radar for long setup.
#PreMarket
#SGXNifty
As per Wyckoff theory, Nasdaq seems forming the last of support this week after forming the shake out in mid October.
On Nifty, the bullish harmonic pattern is visible on the hourly chart and the reversal momentum yesterday confirms the resumption of bullish trend. Chart here
BankNifty needs to cross 43,570 for resumption of bullish momentum. Trader's should keep this levels on radar for long setup.
#PreMarket
#SGXNifty
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Dow Jones Performance for Second Half of December for last 50 years 📈
Will you buy for Christmas Rally 🧑🏻🎄 and Year-end Settlement?
👍🏻 Yes, Buying the Best Stocks
❤️ No. Recession is coming.
Will you buy for Christmas Rally 🧑🏻🎄 and Year-end Settlement?
👍🏻 Yes, Buying the Best Stocks
❤️ No. Recession is coming.
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Hey BEARS 🐻, Are you done for the Day?
The bears are ruling the day right from the word go as Nifty corrects over 200 points to hit the low of 18,202 as of 12:15pm IST.
Index is trading at the technical support zone and bears are suggested to book profits around these levels.
1. The falling channel or parallel lines support zone.
2. Bullish divergence on Relative Strength Index (RSI)
The support and divergence on the hourly chart indicate the reversal or time correction can be expected in the second half.
The bulls can grab this opportunity as the chart signals the favourable risk-reward setup.
The pattern negates on the break of previous swing low of 18,132.
(CMP-18,250)
#Nifty
#KeepItSimple
The bears are ruling the day right from the word go as Nifty corrects over 200 points to hit the low of 18,202 as of 12:15pm IST.
Index is trading at the technical support zone and bears are suggested to book profits around these levels.
1. The falling channel or parallel lines support zone.
2. Bullish divergence on Relative Strength Index (RSI)
The support and divergence on the hourly chart indicate the reversal or time correction can be expected in the second half.
The bulls can grab this opportunity as the chart signals the favourable risk-reward setup.
The pattern negates on the break of previous swing low of 18,132.
(CMP-18,250)
#Nifty
#KeepItSimple
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SGX Nifty reclaims 18,500 and Indian markets are expected to open on positive note.
The last hour short covering rally from the support zone of the channel pattern signals the bulls may have great time in next 2-4 weeks.
The bullish divergence on RSI supports the reversal for markets. Chart here
IT stocks, Reliance, HDFC and few heavy weights witnessed the bullish trend in the second half yesterday and is likely to lead the rally towards 19,000 on Nifty.
The short-term hurdle can be 18,550,-18,600 at the upper band of channel on Nifty for traders.
#Pre-Market
#SGXNifty
The last hour short covering rally from the support zone of the channel pattern signals the bulls may have great time in next 2-4 weeks.
The bullish divergence on RSI supports the reversal for markets. Chart here
IT stocks, Reliance, HDFC and few heavy weights witnessed the bullish trend in the second half yesterday and is likely to lead the rally towards 19,000 on Nifty.
The short-term hurdle can be 18,550,-18,600 at the upper band of channel on Nifty for traders.
#Pre-Market
#SGXNifty
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TCS - The Elephant in the Room
Tata Consultancy Services (TCS) is the investor's and trader's favourite stock on D-street.
IT index has underperformed in 2022, down over 25%, while TCS is down over 12%.
Since September 2022, IT stocks witness a short-covering rally but fizzled in the last couple of weeks.
The Breakdown
Technically. the topping pattern head and shoulder is visible on the short-term chart with the breakdown at Rs. 3,250.
The stock price from the low of Rs. 3,163 has recovered back to Rs. 3,274 which is the retest of the head and shoulder breakdown.
Additionally, the gap and neckline of the head and shoulders pattern will be acting as major resistance for the stock.
As TCS weighs around 29% in the IT index and over 4% in Nifty50, the resumption of the bearish trend in the stock can impact the sectorial index and the benchmark index. The stock can be the elephant in the room for the market trend.
(CMP-3250)
#TCS
#KeepItSimple
Tata Consultancy Services (TCS) is the investor's and trader's favourite stock on D-street.
IT index has underperformed in 2022, down over 25%, while TCS is down over 12%.
Since September 2022, IT stocks witness a short-covering rally but fizzled in the last couple of weeks.
The Breakdown
Technically. the topping pattern head and shoulder is visible on the short-term chart with the breakdown at Rs. 3,250.
The stock price from the low of Rs. 3,163 has recovered back to Rs. 3,274 which is the retest of the head and shoulder breakdown.
Additionally, the gap and neckline of the head and shoulders pattern will be acting as major resistance for the stock.
As TCS weighs around 29% in the IT index and over 4% in Nifty50, the resumption of the bearish trend in the stock can impact the sectorial index and the benchmark index. The stock can be the elephant in the room for the market trend.
(CMP-3250)
#TCS
#KeepItSimple
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Nifty - Fall halts at...
The gap-up opening turned into a nightmare for bulls as the index witnessed a sharper fall led by Banks.
Nifty outperformed BankNifty as Pharma and IT ended the day in the green.
The Support for Bulls
The fast and furious fall in the second half halted at the support of the falling channel.
On the Relative Strength Index (RSI), the positive divergence signals the reversal on cards on the weekly expiry day.
The pattern will negate on breach of 18,130.
#Nifty
#KeepItSimple
The gap-up opening turned into a nightmare for bulls as the index witnessed a sharper fall led by Banks.
Nifty outperformed BankNifty as Pharma and IT ended the day in the green.
The Support for Bulls
The fast and furious fall in the second half halted at the support of the falling channel.
On the Relative Strength Index (RSI), the positive divergence signals the reversal on cards on the weekly expiry day.
The pattern will negate on breach of 18,130.
#Nifty
#KeepItSimple
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Bulls seemed into panic mode when Bank Nifty slipped below 43,000 to hit the lowest level of the month at 42,363.
Nifty outperformed Bank Nifty as the pharma and IT index ended on the green note.
Technically, the fall in Nifty halted at the support of the falling channel and the positive divergence indicates the reversal on cards till 18,130 is held by bulls. Chart here
Bank Nifty may continue to remain under pressure to retest the breakout levels at the 41,800-42,210 zone before heading towards the highs.
Brijesh Bhatia,
Research Analyst, Fast Profits Report
Nifty outperformed Bank Nifty as the pharma and IT index ended on the green note.
Technically, the fall in Nifty halted at the support of the falling channel and the positive divergence indicates the reversal on cards till 18,130 is held by bulls. Chart here
Bank Nifty may continue to remain under pressure to retest the breakout levels at the 41,800-42,210 zone before heading towards the highs.
Brijesh Bhatia,
Research Analyst, Fast Profits Report
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US Markets recover ahead of Christmas holidays; gains around 1.50%.
Asian indices trades in green early morning in sync with US markets; SGX Nifty indicates opening of over 100 points at 18,360.
The bears attack yesterday ended at the lower band of channel. The bearish momentum may prolong only on a break of 18,130.
The bulls have an opportunity at the support zone while the positive divergence favors reversal. Chart here
IT and Pharma stocks will be in focus on gap-up opening as they ended in green yesterday.
#PreMarket
#SGXNifty
Asian indices trades in green early morning in sync with US markets; SGX Nifty indicates opening of over 100 points at 18,360.
The bears attack yesterday ended at the lower band of channel. The bearish momentum may prolong only on a break of 18,130.
The bulls have an opportunity at the support zone while the positive divergence favors reversal. Chart here
IT and Pharma stocks will be in focus on gap-up opening as they ended in green yesterday.
#PreMarket
#SGXNifty
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Nifty - The Bargain Buying Opportunity
Index has corrected over 800 points from its high of 18,887 to 18,080.
The multiple trendlines on the daily chart suggest the support zone in the range of 17,964 to 18,100.
The breakout has been retested and the retest offers a favourable low-risk, high-reward entry.
If bulls manage to hold this range, they can cheer at the New Year party.
The range seems an excellent bargain buying opportunity for bulls.
(CMP-18,082)
#Nifty
#KeepItSimple
Index has corrected over 800 points from its high of 18,887 to 18,080.
The multiple trendlines on the daily chart suggest the support zone in the range of 17,964 to 18,100.
The breakout has been retested and the retest offers a favourable low-risk, high-reward entry.
If bulls manage to hold this range, they can cheer at the New Year party.
The range seems an excellent bargain buying opportunity for bulls.
(CMP-18,082)
#Nifty
#KeepItSimple
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