Fast Profits Daily - Is it a Good Time to Trade OMC Stocks?
This is how you should think about trading OMC stocks.
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This is how you should think about trading OMC stocks.
http://www.eqtm.in/m8AJe
Nifty - The Dow Theory favor Bulls - Can they reclaim 18,000?
Since the high of 18,604 in Oct'21, Nifty was forming lower high - lower low structure which is bearish as per Dow Theory.
After 51 days of pain to bulls, they finally manage to break the chain and forms the higher high - higher low structure which is bullish reversal as per Dow Theory.
The recent gap of 17,251-17,308 will act as support zone for the December series.
What could go wrong for bulls is the breach of 16,890, till then its bulls territory.
As a trader, you need to trade with strict stop loss as intraday volatility is still high in index as well as stocks.
#KeepItSimple
Since the high of 18,604 in Oct'21, Nifty was forming lower high - lower low structure which is bearish as per Dow Theory.
After 51 days of pain to bulls, they finally manage to break the chain and forms the higher high - higher low structure which is bullish reversal as per Dow Theory.
The recent gap of 17,251-17,308 will act as support zone for the December series.
What could go wrong for bulls is the breach of 16,890, till then its bulls territory.
As a trader, you need to trade with strict stop loss as intraday volatility is still high in index as well as stocks.
#KeepItSimple
Nifty gains for the third consecutive days; ends at 17,516 gaining 0.27%.
The bulls manage to hit higher high – higher Low bullish pattern as per Dow Theory after 51 days. (Watch chart here https://t.me/FastProfitsReport/323)
The gap area of 17,251-17,308 will act as support zone where as 16,890 will be the trend change level for recent momentum
Brijesh Bhatia
Research Analyst, Fast Profit Report
The bulls manage to hit higher high – higher Low bullish pattern as per Dow Theory after 51 days. (Watch chart here https://t.me/FastProfitsReport/323)
The gap area of 17,251-17,308 will act as support zone where as 16,890 will be the trend change level for recent momentum
Brijesh Bhatia
Research Analyst, Fast Profit Report
All’s well that ends well in the volatile week for Nifty; gains 1.83% during the week to close at 17,511.
Media, PSU Banks, and Metals shines in the recovery week; all the sectorial indices end on positive note on NSE.
What will you prefer – PSU Banks or Private Banks for next leg of trading momentum? – Watch the video on Tuesday where I will be discussing the technical setup of PSU Bank Index.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Media, PSU Banks, and Metals shines in the recovery week; all the sectorial indices end on positive note on NSE.
What will you prefer – PSU Banks or Private Banks for next leg of trading momentum? – Watch the video on Tuesday where I will be discussing the technical setup of PSU Bank Index.
Brijesh Bhatia
Research Analyst, Fast Profit Report
👍1
Nifty Futures @ Bulls Bargain Level
The above 30mins chart of Nifty Futures highlights the bulls broke out of resistance zone of 17,500-17,450 in the form of triangle structure.
The triangle breakout and resistance turn support zone are retested signaling the best risk-to-reward setup for technical trader.
RSI (9) is back to the buying zone with price at supports indicates the level of bargain buying for bulls.
The pattern negates below the break of 17,389. (CMP-17,490)
#KeepItSimple
The above 30mins chart of Nifty Futures highlights the bulls broke out of resistance zone of 17,500-17,450 in the form of triangle structure.
The triangle breakout and resistance turn support zone are retested signaling the best risk-to-reward setup for technical trader.
RSI (9) is back to the buying zone with price at supports indicates the level of bargain buying for bulls.
The pattern negates below the break of 17,389. (CMP-17,490)
#KeepItSimple
The gap opening saga continue on D-street keeping traders in dubious mode; Nifty ends at 17,324 losing 0.25%.
SmallCap ends in green while other benchmark indices closed in red; Smallcap / Nifty ratio chart breaks 18 weeks range indicating an outperformance of Smallcap over Nifty.
Traders and Investors can focus on Smallcap stocks for short term.
One sector I believe to buy in the dip is PSU Banks. Watch here https://www.youtube.com/watch?v=lwVocfU74-A&t=67s
Brijesh Bhatia
Research Analyst, Fast Profit Report
SmallCap ends in green while other benchmark indices closed in red; Smallcap / Nifty ratio chart breaks 18 weeks range indicating an outperformance of Smallcap over Nifty.
Traders and Investors can focus on Smallcap stocks for short term.
One sector I believe to buy in the dip is PSU Banks. Watch here https://www.youtube.com/watch?v=lwVocfU74-A&t=67s
Brijesh Bhatia
Research Analyst, Fast Profit Report
Index hovers in a range of couple of days; Nifty ends at 17,221 losing 0.6%.
Auto Index was the only one to end in green with gains of 0.49% while all other sectorial indices end in red.
Nifty is likely to trade in the range of 16,931-17,659 for the December series.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Auto Index was the only one to end in green with gains of 0.49% while all other sectorial indices end in red.
Nifty is likely to trade in the range of 16,931-17,659 for the December series.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily - Windfall Gains from the Dollar Rally
The US dollar is getting stronger. Here's how to profit from its rise...
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The US dollar is getting stronger. Here's how to profit from its rise...
http://www.eqtm.in/n9FZm
The bearish momentum continues for straight second day; Nifty ends at 16,614 losing 2.18%.
Nifty breaches the previous swing low of 16,782; SmallCap Index holds the previous low 10,249 outperforming Nifty.
RSI on Nifty weekly chart hits the May 2020 levels while on daily chart, it has hit an oversold level of 26.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty breaches the previous swing low of 16,782; SmallCap Index holds the previous low 10,249 outperforming Nifty.
RSI on Nifty weekly chart hits the May 2020 levels while on daily chart, it has hit an oversold level of 26.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily - How to Find Stocks for Trading Using Technical Analysis
How can you shortlist the best stocks for trading? Find out...
http://www.eqtm.in/Aa6s2
How can you shortlist the best stocks for trading? Find out...
http://www.eqtm.in/Aa6s2
The last hour bullish momentum on lacklustre day ends the market green; Nifty gains 1.10% to end at 16,955.
Bulls are protecting the 200DMA on Nifty which is placed at 16,274.
The gap has been filled on Nifty; 17,036 will be crucial for bulls on weekly expiry day.
Derivative structure of Nifty indicates the range of 16816-17,036 for tomorrow.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Bulls are protecting the 200DMA on Nifty which is placed at 16,274.
The gap has been filled on Nifty; 17,036 will be crucial for bulls on weekly expiry day.
Derivative structure of Nifty indicates the range of 16816-17,036 for tomorrow.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily - My Top 3 Algo Trading Strategies
These are the best algo trading strategies I follow.
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These are the best algo trading strategies I follow.
http://www.eqtm.in/Mm4f5
The roller-coaster week ends on flat note; Nifty reclaims 17,000 and ends at 17,003 gaining 0.1% for the week.
Nifty is hovering in the band of 50DMA (17,627) and 200DMA (16,287); range trading is likely to prolong for few weeks.
Derivate structure indicates the range of 16,689-17,241 for the next week.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty is hovering in the band of 50DMA (17,627) and 200DMA (16,287); range trading is likely to prolong for few weeks.
Derivate structure indicates the range of 16,689-17,241 for the next week.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty - Will History Repeat?
Index is trading in falling channel since the high of 18,604 which is similarly when it has hit ATH of 15,431.
The left channel took around 60 trading days (February to May) to break free. Considering the current channel, it is 48 trading days young. If history repeats, it might breakout out around mid-January 2022.
MACD is favoring bulls as averages has shown positive crossover with bullish divergence (marked black lines).
The setup will fail on the breakdown of channel.
#KeepItSimple
Index is trading in falling channel since the high of 18,604 which is similarly when it has hit ATH of 15,431.
The left channel took around 60 trading days (February to May) to break free. Considering the current channel, it is 48 trading days young. If history repeats, it might breakout out around mid-January 2022.
MACD is favoring bulls as averages has shown positive crossover with bullish divergence (marked black lines).
The setup will fail on the breakdown of channel.
#KeepItSimple
Fast Profits Daily - How to Use Moving Averages in Trading
Find out which moving averages to use for profitable trading.
http://www.eqtm.in/Fj95C
Find out which moving averages to use for profitable trading.
http://www.eqtm.in/Fj95C
Fast Profits Daily - My 2021 Sector Calls: Hits and Misses
What did I get right and what did I get wrong in 2021? Find out in this video.
http://www.eqtm.in/Re95N
What did I get right and what did I get wrong in 2021? Find out in this video.
http://www.eqtm.in/Re95N
Nifty trades in a range ahead of last expiry of 2021; ends the day at 17,213 losing 0.11%.
Index resist at 200HEMA (Hourly Exponential Moving Average) placed at 17,259; dips back below 17,200 during the day.
The falling channel structure on Nifty indicates the bulls need to break 17,335. The time-cycle analysis suggests the breakout may happen in second week of January 2022. Watch chart here https://t.me/FastProfitsReport/335
Brijesh Bhatia
Research Analyst, Fast Profit Report
Index resist at 200HEMA (Hourly Exponential Moving Average) placed at 17,259; dips back below 17,200 during the day.
The falling channel structure on Nifty indicates the bulls need to break 17,335. The time-cycle analysis suggests the breakout may happen in second week of January 2022. Watch chart here https://t.me/FastProfitsReport/335
Brijesh Bhatia
Research Analyst, Fast Profit Report
The last F&O expiry of 2021 traded in a range on year-end holidays; Nifty ends at 17,203 losing 0.06%.
Index is trading right at the resistance of falling channel pattern with breakout level of 17,350.
Thanks for following us on Telegram and Youtube. I have been recommending sectorial videos and how did they perform in 2021. Watch the Hits and Misses of 2021 here https://www.youtube.com/watch?v=AYS1BCz0Sw4
Brijesh Bhatia
Research Analyst, Fast Profit Report
Index is trading right at the resistance of falling channel pattern with breakout level of 17,350.
Thanks for following us on Telegram and Youtube. I have been recommending sectorial videos and how did they perform in 2021. Watch the Hits and Misses of 2021 here https://www.youtube.com/watch?v=AYS1BCz0Sw4
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily
Nifty - Will History Repeat? Index is trading in falling channel since the high of 18,604 which is similarly when it has hit ATH of 15,431. The left channel took around 60 trading days (February to May) to break free. Considering the current channel, it…
Nifty Bulls Welcomes 2022 with Breakout
Updated Chart: Index breaks out of the falling Channel on the first trading of the new year.
The histogram on MACD is also indicating the bullish momentum while averages are approaching integer line.
Hope the History Repeats with 20+% rally 💰😊
#KeepItSimple
Updated Chart: Index breaks out of the falling Channel on the first trading of the new year.
The histogram on MACD is also indicating the bullish momentum while averages are approaching integer line.
Hope the History Repeats with 20+% rally 💰😊
#KeepItSimple