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
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
👍47❤6
Forwarded from Equitymaster
Fast Profits Daily - I'm Calling the Bottom for Cryptos
Have crypto prices bottomed out? Find out...
http://www.eqtm.in/m2P6G
Have crypto prices bottomed out? Find out...
http://www.eqtm.in/m2P6G
👍14❤2
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
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
YouTube
Daily Market Analysis - 21 July 2022 | Brijesh Bhatia
3 Stocks to Ride the Massive 15x EV Opportunity… Get Full Details: http://www.eqtm.in/s5ACg
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…
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…
👍19
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
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
👍34
Dear FPR Subscribers,
Did you know in India's first capex cycle between 2002-07, the capital goods index went up over 3,300%?
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.
Did you know in India's first capex cycle between 2002-07, the capital goods index went up over 3,300%?
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.
👍36❤5
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
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
YouTube
Daily Market Analysis - 22nd July 2022
3 Stocks to Ride the Massive 15x EV Opportunity… Get Full Details: http://www.eqtm.in/s5ACg
SGX Nifty Live @ 16,650
Nifty: Longs don't offer the best RR
1. Index is trading in the rising channel
2. Bearish Three Drive Harmonic pattern
3. Intraday - Short…
SGX Nifty Live @ 16,650
Nifty: Longs don't offer the best RR
1. Index is trading in the rising channel
2. Bearish Three Drive Harmonic pattern
3. Intraday - Short…
👍27❤5
👍31
Forwarded from Equitymaster
Fast Profits Daily
Nifty - What will hit first?
A tug war between Bulls and Bears - Let’s see, Who wins 👍🏼
👍17
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
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
YouTube
Daily Market Analysis - 25th July 2022
3 Stocks to Ride the Massive 15x EV Opportunity… Get Full Details: http://www.eqtm.in/s5ACg
SGX Nifty Live @ 16,685
Discussed the chart setup of:
1. Nifty
2. Bank Nifty
3. IT Index
Have a Profitable Day!
#Nifty #BankNifty #ITIndex
Stay Connected …
SGX Nifty Live @ 16,685
Discussed the chart setup of:
1. Nifty
2. Bank Nifty
3. IT Index
Have a Profitable Day!
#Nifty #BankNifty #ITIndex
Stay Connected …
👍7❤2
Fast Profits Daily
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
Bank Nifty resisting around 37,000...Bulls be cautious.
👍10
IT Index – Time to buy the dips
Index has corrected over 30% from its ATH of 39,446.
The IT giants like Infosys & TCS fell over 25% while Wipro & TechM corrected over 45%.
Have the fastest growing companies or long-term stocks story over for IT stocks?
Chart speaks…
On 19th July’22, I did a video on Short-term Bottom for IT index, Watch here
The reversal is playing well for bulls as the index forms the double bottom pattern on daily chart.
The bullish crossover of averages and histogram above integer line on MACD signals the bullish momentum.
The Hurdle…
The gap area of 28,500-29,000 along with 50DEMA which is placed at 28,653 is acting as hurdle for bulls.
The Infosys results declared on weekend and the stock opened couple of percent negative.
Technically, I believe the move above 29,000 in IT index can witness the rally towards 31,500-32,000 levels.
(CMP-28,100)
#KeepItSimple
Index has corrected over 30% from its ATH of 39,446.
The IT giants like Infosys & TCS fell over 25% while Wipro & TechM corrected over 45%.
Have the fastest growing companies or long-term stocks story over for IT stocks?
Chart speaks…
On 19th July’22, I did a video on Short-term Bottom for IT index, Watch here
The reversal is playing well for bulls as the index forms the double bottom pattern on daily chart.
The bullish crossover of averages and histogram above integer line on MACD signals the bullish momentum.
The Hurdle…
The gap area of 28,500-29,000 along with 50DEMA which is placed at 28,653 is acting as hurdle for bulls.
The Infosys results declared on weekend and the stock opened couple of percent negative.
Technically, I believe the move above 29,000 in IT index can witness the rally towards 31,500-32,000 levels.
(CMP-28,100)
#KeepItSimple
👍30❤6
The bulls are facing pressure at the previous swing high of 16,793; ends the day at 16,631 losing 0.53%.
Nifty dips to the low of 16,564 holding 200DEMA placed at 16,524.
The Evening Star candlestick pattern is visible on daily chart; confirmation below 16,550.
The advance-decline ratio was inclined towards bear as 31 stocks declined over 18 advances.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty dips to the low of 16,564 holding 200DEMA placed at 16,524.
The Evening Star candlestick pattern is visible on daily chart; confirmation below 16,550.
The advance-decline ratio was inclined towards bear as 31 stocks declined over 18 advances.
Brijesh Bhatia
Research Analyst, Fast Profit Report
👍14❤2
Daily Market Analysis - 26th July 2022
SGX Nifty Live @ 16,585
Discussed the chart setup of:
1. Nifty
2. Bank Nifty
Have a Profitable Day!
#Nifty #BankNifty #DailyMarketAnalysis #KeepItSimple
https://youtu.be/d0C3QF3igOo
SGX Nifty Live @ 16,585
Discussed the chart setup of:
1. Nifty
2. Bank Nifty
Have a Profitable Day!
#Nifty #BankNifty #DailyMarketAnalysis #KeepItSimple
https://youtu.be/d0C3QF3igOo
YouTube
Daily Market Analysis - 26th July 2022
SGX Nifty Live @ 16,585
Discussed the chart setup of:
1. Nifty
2. Bank Nifty
Have a Profitable Day!
#Nifty #BankNifty
Stay Connected
Equitymaster Free Reports: http://www.eqtm.in/i2S5P
Equitymaster on Telegram: http://www.eqtm.in/Wd6k4
Equitymaster…
Discussed the chart setup of:
1. Nifty
2. Bank Nifty
Have a Profitable Day!
#Nifty #BankNifty
Stay Connected
Equitymaster Free Reports: http://www.eqtm.in/i2S5P
Equitymaster on Telegram: http://www.eqtm.in/Wd6k4
Equitymaster…
👍22❤2
Fast Profits Daily
Nifty Pharma Index Weekly Chart What are thoughts? 👍🏻 for Bullish 👎🏻 for Bearish
I’ve explained this chart in detail and share my view on Pharma Index in the video above ☝️
👍17❤2
Daily Market Analysis - 27th July 2022
SGX Nifty Live @ 16,470
Discussed the chart setup of:
1. Nifty
2. Bank Nifty
3. Auto Index
Have a Profitable Day!
#Nifty #BankNifty #AutoIndex #Expiryview
https://www.youtube.com/watch?v=OdEyhzCUNy4
SGX Nifty Live @ 16,470
Discussed the chart setup of:
1. Nifty
2. Bank Nifty
3. Auto Index
Have a Profitable Day!
#Nifty #BankNifty #AutoIndex #Expiryview
https://www.youtube.com/watch?v=OdEyhzCUNy4
YouTube
Daily Market Analysis - 27th July 2022
3 Stocks to Ride the Massive 15x EV Opportunity… Get Full Details: http://www.eqtm.in/s5ACg
SGX Nifty Live @ 16,470
Discussed the chart setup of:
1. Nifty
2. Bank Nifty
3. Auto Index
Have a Profitable Day!
#nifty #banknifty #auto #niftyanalysis #expirystrategy…
SGX Nifty Live @ 16,470
Discussed the chart setup of:
1. Nifty
2. Bank Nifty
3. Auto Index
Have a Profitable Day!
#nifty #banknifty #auto #niftyanalysis #expirystrategy…
👍16❤3👏1
Bank Nifty - Bullish Flag
Index on short-term chart (30mins) is trying to break above the Bullish Flag pattern.
The bullish flag pattern is continuous pattern. The rally is known as pole while the consolidation in the form of channel is know as flag.
The breakout of the bullish flag pattern is at 36,750 (Fut).
Traders can look to buy for intraday or a swing trade above 36,750 keeping the stop-loss of 36,250.
Targets can be the pole height as per pattern rules.
Constituents of Bank Nifty:
1. HDFC Bank
2. ICICI Bank
3. Axis Bank
4. Kotak Bank
5. SBI
6. Indus Ind Bank
7. BOB
8. AU Small Fin Bank
9. Bankdhan Bank
10. IDFC First Bank
11. PNB
12. Federal Bank
(CMP-36700)
#BankNifty #ExipryTrade
#KeepItSimple
Index on short-term chart (30mins) is trying to break above the Bullish Flag pattern.
The bullish flag pattern is continuous pattern. The rally is known as pole while the consolidation in the form of channel is know as flag.
The breakout of the bullish flag pattern is at 36,750 (Fut).
Traders can look to buy for intraday or a swing trade above 36,750 keeping the stop-loss of 36,250.
Targets can be the pole height as per pattern rules.
Constituents of Bank Nifty:
1. HDFC Bank
2. ICICI Bank
3. Axis Bank
4. Kotak Bank
5. SBI
6. Indus Ind Bank
7. BOB
8. AU Small Fin Bank
9. Bankdhan Bank
10. IDFC First Bank
11. PNB
12. Federal Bank
(CMP-36700)
#BankNifty #ExipryTrade
#KeepItSimple
👍30👏4