Dow Jones has begun to reverse from the Bullish Bat harmonic pattern around the 34,000 level, and if it manages to close above 35,067, this could further accelerate the bullish momentum.
Nifty is displaying a lower high pattern as it undergoes a reversal from the 19,452 mark. On expiry day, the bears seem poised to take control, even though there is support situated within the range of 19,250 to 19,300. The momentum indicator suggests that the bears are likely to guide the index towards the levels of 19,120 to 19,150.
BankNifty is consistently experiencing short positions at elevated levels, with traders keeping an eye on the head and shoulders pattern visible on the chart. The bulls are expected to gain traction only if the index manages to surpass the 45,000 mark.
What is your trade on Expiry?
Bullish 👍🏻
Bearish 👎🏻
Straddle/Strangle ❤️
#GiftNifty
#PreMarket
#ExpiryTrade
Nifty is displaying a lower high pattern as it undergoes a reversal from the 19,452 mark. On expiry day, the bears seem poised to take control, even though there is support situated within the range of 19,250 to 19,300. The momentum indicator suggests that the bears are likely to guide the index towards the levels of 19,120 to 19,150.
BankNifty is consistently experiencing short positions at elevated levels, with traders keeping an eye on the head and shoulders pattern visible on the chart. The bulls are expected to gain traction only if the index manages to surpass the 45,000 mark.
What is your trade on Expiry?
Bullish 👍🏻
Bearish 👎🏻
Straddle/Strangle ❤️
#GiftNifty
#PreMarket
#ExpiryTrade
👎33👍21❤2
Bank Nifty under Bear's Grip 🐻
Remember the wise old bear from The Jungle Book? He taught Mowgli to seize the sweet rewards by braving the climb for honey. 🍯
In a similar fashion, the bear seems to be eyeing the honeycomb of opportunities within Bank Nifty.
The index is teetering on the edge of a continuation breakdown, having already broken free from a head and shoulders pattern.
A breach below the critical support at 44,000 might just trigger an acceleration of the bearish momentum.
Brace yourselves as the path seems to lead towards 43,300-42,800 in the days to come.
#BankNifty
#KeepItSimple
Remember the wise old bear from The Jungle Book? He taught Mowgli to seize the sweet rewards by braving the climb for honey. 🍯
In a similar fashion, the bear seems to be eyeing the honeycomb of opportunities within Bank Nifty.
The index is teetering on the edge of a continuation breakdown, having already broken free from a head and shoulders pattern.
A breach below the critical support at 44,000 might just trigger an acceleration of the bearish momentum.
Brace yourselves as the path seems to lead towards 43,300-42,800 in the days to come.
#BankNifty
#KeepItSimple
👍36👎2❤1
Dow Jones concluded August with a 2% decline, while the DAX experienced a 3% loss. Indian benchmark indices, Sensex and Nifty, both incurred losses of 2.5% each.
Should the Nifty close below 19,265 today, it will mark six consecutive weeks of negative closures; the range of 19,155-19,200 is expected to provide support for the day.
Bank Nifty's reversal from the retest of the head and shoulders pattern neckline suggests that the bears have taken control of the trend. The presence of a dumpling top candlestick pattern during the retest further indicates a potential shorting opportunity.
Bulls should focus on auto and metals stocks.
#GiftNifty
#PReMarket
Should the Nifty close below 19,265 today, it will mark six consecutive weeks of negative closures; the range of 19,155-19,200 is expected to provide support for the day.
Bank Nifty's reversal from the retest of the head and shoulders pattern neckline suggests that the bears have taken control of the trend. The presence of a dumpling top candlestick pattern during the retest further indicates a potential shorting opportunity.
Bulls should focus on auto and metals stocks.
#GiftNifty
#PReMarket
👍28❤4👎3
Dear Stock Market,
On this Teachers Day, I want to express my gratitude for the invaluable lessons you've taught me.
Your dynamic nature, patience-testing trials, and unpredictable twists have been the greatest teachers of risk, discipline, and resilience.
#HappyTeachersDay
On this Teachers Day, I want to express my gratitude for the invaluable lessons you've taught me.
Your dynamic nature, patience-testing trials, and unpredictable twists have been the greatest teachers of risk, discipline, and resilience.
#HappyTeachersDay
❤71👍22👏9
Wipro Share Price: Is the Downtrend Finally Over?
Technical analysis of Wipro suggests that it may be forming a bottoming pattern. More details inside.
Wipro Stock Analysis
Here’s an extract…
Indian IT stocks, especially large-caps, have faced challenges in the last few quarters.
Wipro, one of top IT companies in India, has not been an exception to this trend, experiencing a significant correction of over 50% in the 18-month period from October 2021 to April 2023.
However, recent price action and technical indicators suggest a potential reversal.
Read on for more…
http://www.eqtm.in/Xx7y3
Technical analysis of Wipro suggests that it may be forming a bottoming pattern. More details inside.
Wipro Stock Analysis
Here’s an extract…
Indian IT stocks, especially large-caps, have faced challenges in the last few quarters.
Wipro, one of top IT companies in India, has not been an exception to this trend, experiencing a significant correction of over 50% in the 18-month period from October 2021 to April 2023.
However, recent price action and technical indicators suggest a potential reversal.
Read on for more…
http://www.eqtm.in/Xx7y3
Equitymaster
Wipro Share Price: Is the Downtrend Finally Over?
Technical analysis of Wipro suggests that it may be forming a bottoming pattern. More details inside.
👍19❤6👎1
Fast Profits Daily
https://youtu.be/_6JmXxN1-zQ?si=bj5pvCo1_lNjDYxJ
Wohoo!
Vodafone Idea - UC @ 10.85 🔥
Vodafone Idea - UC @ 10.85 🔥
🔥22👏6👍5❤4
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
On July 13th, 2022, I shared my contrarian bet for the decade - PSU Banks. Since then, I've faced a fair share of trolls and skeptics, but that's the beauty of going against the grain, isn't it?
Fast forward 14 months, and the index is up over 80%. 📈 FOMO is real, and it's gripping investors as they chase the surging markets.
But let me remind you, this is just the beginning. 🌱 Markets have their ups and downs, but a contrarian bet isn't about the short term; it's about seeing the potential where others doubt.
Stay the course, my friends. The journey is long, and the rewards can be extraordinary. 💪
#KeepItSimple
#ContrarianInvesting
#LongTermGains
Fast forward 14 months, and the index is up over 80%. 📈 FOMO is real, and it's gripping investors as they chase the surging markets.
But let me remind you, this is just the beginning. 🌱 Markets have their ups and downs, but a contrarian bet isn't about the short term; it's about seeing the potential where others doubt.
Stay the course, my friends. The journey is long, and the rewards can be extraordinary. 💪
#KeepItSimple
#ContrarianInvesting
#LongTermGains
❤45👍24🔥10
I recommend joining this online summit immediately
My colleague Tanushree Banerjee has discovered some interesting patterns to find potential future Nifty stocks today.
She believes there is a chance here for potentially making huge gains by 2030.
I think you should definitely attend this online summit.
It's LIVE. Click the link below to watch:
http://www.eqtm.in/Md87N
Tap here for details
www.equitymaster.com
My colleague Tanushree Banerjee has discovered some interesting patterns to find potential future Nifty stocks today.
She believes there is a chance here for potentially making huge gains by 2030.
I think you should definitely attend this online summit.
It's LIVE. Click the link below to watch:
http://www.eqtm.in/Md87N
Tap here for details
www.equitymaster.com
👍4
Fast Profits Daily - 5 Smallcap Stocks to Add to Your Watchlist Right Now
These smallcaps are looking good on the charts. Track them closely.
Click for More...
http://www.eqtm.in/a3DKd
These smallcaps are looking good on the charts. Track them closely.
Click for More...
http://www.eqtm.in/a3DKd
👍9
I’m attending my colleague Rahul Shah’s online event today.
It goes LIVE at 5pm. That’s just a few moments from now.
Rahul is going to reveal his big prediction today. He believes India is set to take a giant leap in terms of prosperity.
If things play out as his research suggests, then this leap could potentially generate wealth at a scale we’ve probably never seen before.
Rahul says, this is one of the biggest opportunities for investors in the recent times.
I highly recommend you join now to get all the details. Just click the link below…
http://www.eqtm.in/Te58B
Tap here for details
www.equitymaster.com
It goes LIVE at 5pm. That’s just a few moments from now.
Rahul is going to reveal his big prediction today. He believes India is set to take a giant leap in terms of prosperity.
If things play out as his research suggests, then this leap could potentially generate wealth at a scale we’ve probably never seen before.
Rahul says, this is one of the biggest opportunities for investors in the recent times.
I highly recommend you join now to get all the details. Just click the link below…
http://www.eqtm.in/Te58B
Tap here for details
www.equitymaster.com
❤6👍1
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 Stocks Performance since Video 🔥
Should I record an updated view on PSU Bank Index?
Yes 👍🏻
No 👎🏻
Let the Rally Continue... ❤️
Should I record an updated view on PSU Bank Index?
Yes 👍🏻
No 👎🏻
Let the Rally Continue... ❤️
👍242❤12👎3