Daily Market Analysis -18th July 2022

Nifty
1. Rising Channel
2. Gap support
3. 200EMA (30mins) support
4. Bullish Head & Shoulder
5. 200DEMA resistance area

BankNifty
1. Bullish setup
2. 200EMA (30mins)

Have a Profitable Day 📈

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Nifty 15,850-15,900 support zone to 16,200+ 📈

More couple of centuries like Rishabh Pant did yesterday and we will hit the target 🏏

The bulls cheer on D-street as Nifty gains 1.43% to close at 16,278.

Index reverse from the support of rising channel, gap area and 200EMA (30mins) at 15,850-15,900. Watch chart here https://t.me/FastProfitsReport/668

Bank Nifty too reverse from the key support area and 200EMA (30mins) strengthening the bullish scenario.

The short covering rally in IT indicates short-term bottom in place.

Brijesh Bhatia
Research Analyst, Fast Profit Report

Daily Market Analysis - 19th July 2022

Nifty: P&F suggests target of 16,900+ 🔥

1. Double Top Buy on P&F Chart
2. Rising Channel
3. Gap area support @ 16,060-16,140
4. Bullish range-shift on RSI (Daily)

Bank Nifty
1. Bullish momentum
2. Hurdle @ 35,600
3. Range trading between 34,800-35,500 can be on cards

Have a Profitable Day 📈💰

#DailyMarketAnalysis
#KeepItSimple

BankNifty facing the hurdle at 35,600....Above DH, we may expect an acceleration towards 36,000+ levels.
(CMP-35,465, High-35,634)

Nifty high @ 16,359...We nearly hit the target level.

Congratulations to those who voted for Bullish view 📈 👍🏻

Daily Market Analysis - 20th July 2022

Nifty: Traders should book part profits 💰💰

1. Hitting our target of 16,400-16,450
2. Major hurdle for the day is 200DEMA placed at 16,520
3. Trend is Bullish as index closes above the previous high of 16,275
4. Weekly derivatives OI structure indicates hurdle at 16,500-16,600
5. The trailing stop-loss for bulls is 16,245

Bank Nifty:

1. The previous hurdle of 35,600 is taken-out by bulls
2. Traders can look for 36,000-36,185 levels.

IT Index:
1. Ascending triangle breakout in Nasdaq
2. Bullish triple divergence on RSI (Daily Chart)

Have a Profitable Day 📈

#KeepItSimple

https://youtu.be/VNCoodTKik8

Hurrah! Bank Nifty above 36000 📈💰🔥

Nifty - Bearish Harmonic Pattern

It's time for bears to get active and bulls should move out of the trend for next couple of days after the stellar rally from 15,900-16,550 levels.

In the morning Daily Market Analysis, I suggest booking profits as it was opening near our expected targets and highlighted 16,500-16,600 can be resistance zone. https://t.me/FastProfitsReport/675

Bearish Harmonic Pattern

The Bearish Three Drives harmonic reversal pattern is visible on hourly chart at 16,575.

Interestingly, the harmonic pattern completed with price and time cycle indicating the reversal on cards.

As this is hourly chart, the dip can be the momentum play for traders as index has crossed previous high of 16,275 on daily chart.

The pattern would negate if index cross 16,700 levels.
(CMP-16,560)

#KeepItSimple

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Daily Market Analysis - 21st July 2022

Nifty:
1. First attempt to 200DEMA
2. Runaway or Exhaustion Gap?
3. Bearish Three Drives
4. Rising Channel
5. Derivative OI structure
6. Heikin Ashi signals bullish trend and support area

Have a Profitable Day 📈💰

#DailyMarketAnalysis
#KeepItSimple

https://youtu.be/JJUCCZcLE-o

Are you Investing in Small-Cap stocks? Read this….

Midcap and Small Cap were the flavor of 2021 as stock market witnessed one of the fastest V-shape recoveries after the pandemic fall.

Smallcap investors were walking on air in 2021as index gained 59% outperforming against Nifty’s gain of 24%.

As we stepped in 2022, investors were down in the dumps as Small Cap index corrected by 30% against the fall of 13% in Nifty50 (low of 2022 so far).

Should you Invest now?

If you are following my video, I did a video on Small-cap on 30th June 2022. Click here

The ratio chart above indicates it’s time for small-cap index to outperform against the Nifty as the slope has turned northwards.

Bulls are coming back at the re-test of breakout from bullish or inverted head and shoulder pattern in February 2021.

Small-cap investors should grab this opportunity of investing in Small-cap stocks as the retest of breakout offers the best low risk – high reward opportunities.

#KeepItSimple

Dear FPR Subscribers,

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Yes, that's right. And individual stocks went up even more.

Well, India is about to see another capex cycle and these stocks are all set to boom.

In the Special Fast Profits Report released few minutes back, I've recommended my top 2 picks in the capital goods sector.

All you have to do is check your mailbox or login on our website to read the report.

Regards,
Brijesh.

Daily Market Analysis - 22nd July 2022

SGX Nifty Live @ 16,650

Nifty: Longs don't offer best RR
1. Index is trading in rising channel
2. Bearish Three Drive Harmonic pattern
3. Intraday - Short Opportunity

Bank Nifty:
1. Outperforming Nifty in past few sessions
2. Bank Nifty Spot breaks previous high but Futures is yet to break; sign of caution.

Nifty IT:
1. Bullish triple divergence on RSI, but...
2. At resistance of gap

As we have results from 4 giants of Nifty50 - Reliance Ind, Infosys, ICICI Bank and Kotak Bank, avoid leveraging overnight positions.

Have a Profitable Day 📈💰

https://youtu.be/OXus9vHmG7I

What are your thoughts on this Index?

👍🏻 for Bullish
❤️ for Bearish

A tug war between Bulls and Bears - Let’s see, Who wins 👍🏼

Daily Market Analysis - 25th July 2022

SGX Nifty Live @ 16,685

Discussed the chart setup of:

1. Nifty
2. Bank Nifty
3. IT Index

Have a Profitable Day 📈💰

https://www.youtube.com/watch?v=c2qH0Pv7WnY&t=90s