Index trades with bearish biased; Nifty ends at 15,748.45 losing 0.42%.
The Bearish Belt Hold candlestick followed by bearish day at all-time high is sign of cautious for bulls; till 16,000 is not taken out we believe the bears will slow and steady take control.
The divergence between Nifty50 and Nifty500 at new high is an unhealthy breadth indicating the participation by few stocks.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The Bearish Belt Hold candlestick followed by bearish day at all-time high is sign of cautious for bulls; till 16,000 is not taken out we believe the bears will slow and steady take control.
The divergence between Nifty50 and Nifty500 at new high is an unhealthy breadth indicating the participation by few stocks.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Chart of the Day: Nifty Energy Index
The breakout rally, retest and rally is the tone for the recent trend in Energy Index.
Index has retested the previous breakout and at the low of 21 days Donchian Channel.
We expect the King to awake and rally index to new high of 21,066.
Constituents & Weightage of Energy Index:
Reliance Industries Ltd. - 32.60%
Power Grid Corporation of India Ltd. - 11.47%
NTPC Ltd. - 10.41%
Adani Green Energy Ltd. - 9.84%
Bharat Petroleum Corporation Ltd. - 8.73%
Oil & Natural Gas Corporation Ltd. - 8.22%
GAIL (India) Ltd. - 5.72%
Indian Oil Corporation Ltd. - 5.51%
Hindustan Petroleum Corporation Ltd. - 3.91%
Tata Power Co. Ltd. - 3.58%
The breakout rally, retest and rally is the tone for the recent trend in Energy Index.
Index has retested the previous breakout and at the low of 21 days Donchian Channel.
We expect the King to awake and rally index to new high of 21,066.
Constituents & Weightage of Energy Index:
Reliance Industries Ltd. - 32.60%
Power Grid Corporation of India Ltd. - 11.47%
NTPC Ltd. - 10.41%
Adani Green Energy Ltd. - 9.84%
Bharat Petroleum Corporation Ltd. - 8.73%
Oil & Natural Gas Corporation Ltd. - 8.22%
GAIL (India) Ltd. - 5.72%
Indian Oil Corporation Ltd. - 5.51%
Hindustan Petroleum Corporation Ltd. - 3.91%
Tata Power Co. Ltd. - 3.58%
IT stocks are resuming its Bullish Momentum and you shouldn't miss this Wealth Creation Opportunity 💰💰
Why I'm Bullish on IT Stocks, watch here
https://www.youtube.com/watch?v=Fnnh0uHJCvA
Why I'm Bullish on IT Stocks, watch here
https://www.youtube.com/watch?v=Fnnh0uHJCvA
YouTube
Why I’m Bullish on IT Stocks
This is why I think IT stocks will lead the next leg of the rally.
Despite the recent volatility in the market, our bullish view on the Nifty remains intact.
We have seen heavy weights like Reliance take the Nifty close to 16,000.
But the market will need…
Despite the recent volatility in the market, our bullish view on the Nifty remains intact.
We have seen heavy weights like Reliance take the Nifty close to 16,000.
But the market will need…
The lacklustre day on D-street ends Nifty at 15,721.50 losing 0.17%.
The June month was the 18 months narrowest monthly range to previous close in Nifty; is this the calm before the storm?
Midcap to Nifty ratio chart indicates the focus should be on Midcap as they are likely to outperform in short-term.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The June month was the 18 months narrowest monthly range to previous close in Nifty; is this the calm before the storm?
Midcap to Nifty ratio chart indicates the focus should be on Midcap as they are likely to outperform in short-term.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Chart of the Day: Nifty Futures @ TruStop Support
TruStopTM is our proprietary system of identifying trend and has an unique feature of trailing profits or stop loss.
Nifty Futures is at the support of our short-term TruStop level of 15,668 - the trend decider level for next few weeks.
#KeepItSimple
TruStopTM is our proprietary system of identifying trend and has an unique feature of trailing profits or stop loss.
Nifty Futures is at the support of our short-term TruStop level of 15,668 - the trend decider level for next few weeks.
#KeepItSimple
The narrowest month with range of < 3% for Nifty; the week too went within the range of ~2%; ends at 15,722 gaining 0.27%.
Midcap and Smallcap continue to outperform over Nifty, don’t miss the money making opportunity.
Our TruStop™ system indicates the Nifty is getting ready to take-off for fast and furious move. Watch our Fast Profits Daily video on Monday.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Midcap and Smallcap continue to outperform over Nifty, don’t miss the money making opportunity.
Our TruStop™ system indicates the Nifty is getting ready to take-off for fast and furious move. Watch our Fast Profits Daily video on Monday.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Disappears at 11:59pm Tonight: Your Access to Richa’s Dark horse Stocks
If you don’t act now, you will lose access to Richa’s 3 darkhorse smallcaps that could be headed for potentially huge profits...
We urge you to watch the special replay of Smallcap Revival Summit where Richa reveals everything you should know about the 3 darkhorse stocks…
The video will disappear tonight at 11.59 PM sharp.
Watch Video Now.
http://www.eqtm.in/f3QHz
If you don’t act now, you will lose access to Richa’s 3 darkhorse smallcaps that could be headed for potentially huge profits...
We urge you to watch the special replay of Smallcap Revival Summit where Richa reveals everything you should know about the 3 darkhorse stocks…
The video will disappear tonight at 11.59 PM sharp.
Watch Video Now.
http://www.eqtm.in/f3QHz
Are you planning to be an Intraday Trader?
If YES, you shouldn't miss this video.
https://www.youtube.com/watch?v=CLXLXO5SqwI
If YES, you shouldn't miss this video.
https://www.youtube.com/watch?v=CLXLXO5SqwI
YouTube
Is Intraday Trading For You?
Do you think you have what it takes to be an intraday trader? Find out in this video.
So you what to be an intraday trader?
That’s great but do you know what it takes to be one?
Many people have jumped on to the trading bandwagon recently to make extra…
So you what to be an intraday trader?
That’s great but do you know what it takes to be one?
Many people have jumped on to the trading bandwagon recently to make extra…
If Intraday Trading is not your cup of tea,
Understand What is Swing Trading
#KeepItSimple
https://youtu.be/efbOxKvhR-U
Understand What is Swing Trading
#KeepItSimple
https://youtu.be/efbOxKvhR-U
YouTube
Get Started With Swing Trading
In this video I’ll cover one of the most popular forms of making short-term trading profits: Swing Trading.
These are trades that last from a day to about a couple of weeks.
Using swing trading you can play a break out or break down move in a stock or index.…
These are trades that last from a day to about a couple of weeks.
Using swing trading you can play a break out or break down move in a stock or index.…
Nifty saw the narrowest monthly range of ~3% in June 2021.
The Bollinger Band is squeezing, and the index is hovering near its all-time high.
As per our TruStopTM system, Nifty is getting ready to take-off.
They say big reward comes with big risk. So it is with the Nifty.
On the flip side, the talk of the town, the dollar index, which has an inverse relation with the Nifty, has witnessed a bullish move recently.
And that might hurt Nifty traders who are long, but when will this happen?
Watch the video to know how the Technical Structure of Nifty shaping up.
#KeepItSimple
https://www.equitymaster.com/fast-profits-daily/detail.asp?date=07/05/2021&story=4&title=Nifty-at-a-Key-Take-Off-Point&utm_source=fast-profits-daily&utm_medium=website&utm_campaign=content&utm_content=top-story
The Bollinger Band is squeezing, and the index is hovering near its all-time high.
As per our TruStopTM system, Nifty is getting ready to take-off.
They say big reward comes with big risk. So it is with the Nifty.
On the flip side, the talk of the town, the dollar index, which has an inverse relation with the Nifty, has witnessed a bullish move recently.
And that might hurt Nifty traders who are long, but when will this happen?
Watch the video to know how the Technical Structure of Nifty shaping up.
#KeepItSimple
https://www.equitymaster.com/fast-profits-daily/detail.asp?date=07/05/2021&story=4&title=Nifty-at-a-Key-Take-Off-Point&utm_source=fast-profits-daily&utm_medium=website&utm_campaign=content&utm_content=top-story
Equitymaster
Nifty Key Take Off Point - Fast Profits Daily by Equitymaster
This is why I believe the Nifty is set to take off in July.
The calm before the storm as Nifty started the week with gap-up opening; ends at 15,834 gaining 112 points.
We believe index is at key take off point after the narrowest range in June.
Based on our TruStop™ system, Nifty is at key support zone offering an excellent low risk, high reward trade for bulls.
Watch this video to know how the technical structure is setup for Nifty and what’s the risk. https://youtu.be/BDm5ZrgkbNA
Brijesh Bhatia
Research Analyst, Fast Profit Report
We believe index is at key take off point after the narrowest range in June.
Based on our TruStop™ system, Nifty is at key support zone offering an excellent low risk, high reward trade for bulls.
Watch this video to know how the technical structure is setup for Nifty and what’s the risk. https://youtu.be/BDm5ZrgkbNA
Brijesh Bhatia
Research Analyst, Fast Profit Report
Chart of the Day: SmallCap vs Nifty Ratio Chart
Since the breakout of Bullish Head & Shoulder in Feb 2021 on the ratio chart , Smallcap have consistently outperforming Nifty.
It was an end to 3 years of underperformance for Smallcap and we released a video on 17th Feb 2021 saying Smallcap will outperform the Nifty.
Do you know this ratio chart helps identifying the outperforming asset class or sector.
#KeepItSimple
https://www.youtube.com/watch?v=K2D9BshKmpU
Since the breakout of Bullish Head & Shoulder in Feb 2021 on the ratio chart , Smallcap have consistently outperforming Nifty.
It was an end to 3 years of underperformance for Smallcap and we released a video on 17th Feb 2021 saying Smallcap will outperform the Nifty.
Do you know this ratio chart helps identifying the outperforming asset class or sector.
#KeepItSimple
https://www.youtube.com/watch?v=K2D9BshKmpU
Nifty just shy of new all-time high; hits the high of 15,914 and ends at 15,818 losing 0.1%.
The time correction phase might end soon as Nifty is getting ready to cross the 16,000 marks.
Banking stocks takes the lead as Banknifty outperformed against Nifty by gaining 1.04%. Banknifty is trading at 29 days highest level.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The time correction phase might end soon as Nifty is getting ready to cross the 16,000 marks.
Banking stocks takes the lead as Banknifty outperformed against Nifty by gaining 1.04%. Banknifty is trading at 29 days highest level.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily
Bank Nifty / Nifty Ratio Chart has reversed from support zone.... Can Bank Nifty outperform over Nifty? #KeepItSimple
Bank Nifty / Nifty Ratio Chart Update:
Bank Nifty started outperforming against Nifty as we highlighted couple of weeks back.
Ratio charts help you to identify an outperformance sector for money making opportunities.
#KeepItSimple
Bank Nifty started outperforming against Nifty as we highlighted couple of weeks back.
Ratio charts help you to identify an outperformance sector for money making opportunities.
#KeepItSimple
Chart of the Day: Surging Metals Mania
If you are following my videos on our YouTube channel, I was screaming that "2021 is the Year of Metals" and rest is the history.
We are halfway down in 2021, I still believe the dream run will endure in metals for second half too.
Nifty Metal Index is on the verge of resuming it Bullish momentum above 5,360 levels.
#KeepItSimple
If you are following my videos on our YouTube channel, I was screaming that "2021 is the Year of Metals" and rest is the history.
We are halfway down in 2021, I still believe the dream run will endure in metals for second half too.
Nifty Metal Index is on the verge of resuming it Bullish momentum above 5,360 levels.
#KeepItSimple
Nifty - That's the last straw
Index has been trading in a range for more than a month and it's so frustrating for traders.
The recent low of 15,683 is right at the edge of wedge on daily chart, but the shorter time frame chart forms bullish bat pattern.
If the bulls don't trigger on this deal then they might never get a chance again.
#KeepItSimple
Index has been trading in a range for more than a month and it's so frustrating for traders.
The recent low of 15,683 is right at the edge of wedge on daily chart, but the shorter time frame chart forms bullish bat pattern.
If the bulls don't trigger on this deal then they might never get a chance again.
#KeepItSimple
Bulls fails for the fourth time to cross 16,000 mark on Nifty; ends at 15,727.90 losing 0.96%.
Index is hovering in the range and the recent low of 15,683 at lower band of wedge on daily chart and found some lost ground.
The Bullish Bat harmonic pattern on short time frame indicates the reversal structure. The pattern negates on the break below 15,623.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Index is hovering in the range and the recent low of 15,683 at lower band of wedge on daily chart and found some lost ground.
The Bullish Bat harmonic pattern on short time frame indicates the reversal structure. The pattern negates on the break below 15,623.
Brijesh Bhatia
Research Analyst, Fast Profit Report