The D-Street and Wall-Street dance on the tune of bulls on Friday as Sensex and Dow Jones gained 1.53% and 1.17% respectively.

I have highlighted the chart setup of Nifty last week when index was trading at support zone and in an extremely fear zone. Index has reversed from the key support area and heading higher. Watch video here

SGX Nifty is indicating a positive opening around ~17,700; 18,000 seems on cards.

Should you buy large cap or Midcap? Which is the best sector for trading?
I will answer these questions in my upcoming video. Stay tune.

#SGXNifty
#PreMarket

BankNifty - Bulls need to break 42,200 📈

* Double Bottom
* Positive Crossover on MACD
* Consolidating between 50DEMA and 200DEMA
* Horizontal trendline

#BankNifty
#KeepItSimple

Dow Jones -Swinging with Doji's between Averages 📈📉

1. Triangle pattern
2. Swing and reversal with doji, the candlestick pattern
3. Hovering around the 50DEMA (blue) and 200DEMA (orange)
4. Bulls vs Bears between 32,400-34,400

#KeepItSimple
#DJIA

Fed, the party spoiler on Wall-Street as the Chairman Powell's hawkish commentary signals the 50bps hike this month; Dow Jones plunge by 575 points. The key support area for index is placed at 32,400.

SGX Nifty slips from 17,850 to 17,725 after US markets tumble; Hang Seng trades lower by 2%.

On Nifty, 17,678-17,656 will be the key support area for bulls today. If bulls manage to hold, the momentum towards 18,000 can be on cards.

The two sectors to buy in dips are.... Watch here

#SGXNifty
#PreMarket

#SGXNifty - Bulls need to protect 17,645-17,670 📈📉

1. 50HEMA (blue)
2. 200HEMA (orange)
3. Fibonacci retracement

#KeepItSimple

SGXNifty - Low @ 17,645 (CMP-17,780) 📈

The gap-down and reversal on Dalal street yesterday indicates the strength in the bullish momentum as Nifty and Sensex gains 0.2%.

SGXNifty is trending on a flat note after US markets ends on a mixed bag.

On Nifty, 17,600-17,576 will be key support area while 17,839 may act as minor hurdle.

The volume-spread analysis signals sector to focus in this reversal move will be IT which can lead markets higher.

#SGXNifty
#PreMarket

Are Sugar stocks in sweet-spot?

👍🏻 Yes
👎🏻 No

Backed by two centuries of market data, this strategy has a history of outperforming value investing.

Details here

http://www.eqtm.in/Jn28L

Fast Profits Daily - Sugar Rush on Dalal Street

Should you trade sugar stocks now? Find out...

http://www.eqtm.in/e2S8C

Dow Jones holding the major support of 32,500....


Come on Bulls let's go for 34,400 now 📈

US market tumbles in the last hour to end below the key support area of 32,400; ends at 32,254 losing 1.66%.

SGX Nifty indicates the gap-down opening of over 120pts.

On Nifty chart, the lower high - lower low structure indicates the bears are in control of the trend. The bulls can take control only on a break of 17,800.

Technically, the test of 17,189 can be on cards on Nifty.

On BankNifty, the break of 41,000 confirms the double top pattern on hourly chart with lower highs. The breakdown can result in test of 40,456.

#SGXNifty
#PreMarket

BankNifty - Trading the range 📈📉

Index is trading in the range between 39,500-42,000 for the past 45 days.

The range is in the form of a symmetrical triangle pattern indicating the lower high - higher low pattern.

As the price continues to move within the triangle, it eventually reaches the apex, where the two trendlines converge. At this point, the market usually breaks out of the triangle in one direction or the other, indicating a potential trend reversal or continuation.

As a trend trader, it is time to stay out of the trade but options traders can implement Short Strangle strategies.

Probable Strategy: BankNifty 29th March Expiry
Short 41000CE and 39000PE @ ~260
Margin: ~1,35,000
Breakeven : 38,740-42,260
Max Gain: 6,500 or 4.8% (of margin)

#KeepItSimple
#OptionStrategy
#BankNifty

US markets fell for straight four days; lost over 4% last week on bankruptcy of Sillion Valley Bank.

SGX Nifty indicates opening at 17,365 after falling over a percent last week; 17,300-17,270 will be make-or-break zone this week.

On Nifty spot, the major support is placed at 17,255-17,189 zone. The reversal from this zone can trigger a bullish momentum while the breakdown can test 16,840.

BankNifty hovering in the range of 39,000-42,000; the Strangle Short strategy on monthly expiry can be an opportunity for option traders.

#PreMarket
#SGXNifty

Nifty Metals Index - Bullish Harmonic Patterns 📈

Multiple bullish harmonic patterns are visible on the daily chart of the Nifty Metals index.
1. Bullish Anti Crab harmonic pattern (blue)
2. Bullish Anti Bat harmonic pattern (black)

The bullish patterns are supported by the bullish range shift on the strength oscillator, Relative Strength Index (RSI).

#MetalsIndex
#KeepItSimple

Midcap Index - Can it hold support again?

👍🏻 Yes
👎🏻 No
❤️ Not Sure

Top Stocks Under Rs 200 to Add to Your Watchlist

A good time to accumulate the best outperforming stocks is when the market is in a consolidation phase.

Best Stocks Under 200

Here’s an extract…

Do you have these 5 stocks in your watchlist?

The volatility in individual stocks is high as the index trends in this range.

As a trader and an investor, this is a good time to accumulate the best outperforming stocks when markets are in such a consolidation phase.

In this article, I'll discuss the stocks which are trading between Rs 100-200 that you can add to your watchlist. This is a mix of largecaps, midcaps, and smallcap with a minimum marketcap of around Rs 10 billion (bn).

http://www.eqtm.in/j9GAo

US markets index Dow Jones gains 1% ending five days losing streak; IT stocks lead the rally with Nasdaq gaining over 2%.

The breakdown level of 32,500 will act as major hurdle for bulls on Dow Jones.

SGX Nifty indicating the positive opening towards 17,200 levels.

On Nifty, the bullish harmonic pattern with positive divergence on RSI at key psychological level of 17,000 signals the reversal on cards.

#PreMarket
#SGXNifty