Daily Pre-Market Analysis - 22nd August | Nifty-Short-term Top? | Sector Analysis | Short these Stocks |

SGX Nifty Live @ 17,675

Watch out for:

1. Nifty
A. Bearish Engulfing
B. Dow Theory
C. Retest of Rising Channel Breakout
D. Trendline Breakout

2. Bank Nifty
A. Bearish Engulfing
B. Gap Area
C. Horizontal Channel

3. Sectors to buy on dips
A. Energy Index - Multiple breakouts
B. IT Index - Bargain buyers holding the index higher

4. Shorting Opportunity
A. Pharma Index - Rejection at 200DEMA

Have a Profitable Day! 📈💰

#PreMarketAnalysis #KeepItSimple

https://youtu.be/9PHWBaTxOZM

Bank Nifty @ Confluence of Support

1. Rising Channel (Blue)
2. Gap Area (Green)
3. 100HEMA (Orange)
4. Oversold RSI

The move above 38,535 will confirm the upward momentum while the hourly close below 38,170 will negate the structure.
(CMP-38,450)

#BankNifty
#KeepItSimple

Due to Technical reason, I'm unable to post the Daily Pre-Market Analysis video today.

Nifty - May be an Options Writers Expiry

After the stellar rally from 15,183 to nearly 18,000 levels in just 43 trading days, the last couple of days have been dreadful for bulls.

Nifty from the high of 17,992 hit the low of 17,345 today, 600pts fall in over 2 trading days.
That's the expiry volatility folks!

A range-bound expiry

Technically, the reversal has halted at 23.60% Fibonacci retracement of 15,183 to 17,992 at 17,329.

Historically, index retraces 23.60% to 38.20% after the sharp rise and consolidates for few trading sessions.

Equitymaster proprietary TruStop(TM) system indicates the index is likely to consolidate between the two averages marked on the chart.

The bulls and bears would battle between 17,189-17,675 and this is the best time for options writers to grab the opportunity.

Writers should avoid positions if it breaks out of range. Additionally, a move above 21 on India VIX can prove to be riskier setup.
(CMP-17,450)

#KeepItSimple

Daily Pre-Market Analysis - 24th August | Nifty & Bank Nifty Expiry Strategy | Bullish Candlestick |

SGX Nifty Live @ 17,550

Watch out for:

1. Expiry View on Nifty
2. Nifty - Bullish Candlestick @ Multiple support zone
3. Bank Nifty - An outperformer

Have a Profitable Day! 📈💰

#PreMarketAnalysis #KeepItSimple

https://youtu.be/5mzmByK_4NM

BankNifty resisting around the Gap area as discussed in the Pre-Market Video

Nifty Trading Strategy with August Series Trades

https://youtu.be/tTYMbZX0Ilk

Daily Pre-Market Analysis - 25th August | Nifty - Island Reversal | Bank Nifty | Expiry Strategy |

SGX Nifty Live @ 17,760

Watch out for:

1. Expiry View on Nifty & Bank Nifty
2. Nifty - Island Reversal
3. Bank Nifty - Rising Three Candlestick Pattern

Have a Profitable Day! 📈💰

#PreMarketAnalysis #KeepItSimple

https://youtu.be/UKY95xj9B84

Nifty Expiry @ 17,522

The Winners are 17,500-17,600 🏆

The Hero's are Below 17,500 - You missed by small margin but Superb Analysis 👑

Powell's Jackson Hole Speech will Decide the Trend of the US Real Estate Index

As investors wait for cues on interest rate decision, inflation and falling home prices, check out what's in store for the US real estate index.

http://www.eqtm.in/a6GAn

Daily Pre-Market Analysis - 26th August | Powell's speech at Jackson Hole | Nifty | Bank Nifty |

SGX Nifty Live @ 17,685

Have a Profitable Day! 📈💰

#PreMarketAnalysis #KeepItSimple

https://youtu.be/Y2F00aOPU9k

Small Cap Index - The Time-Cycle Breakout...But...

The trendline (black line) connecting the highs has a resistance at 9,500. The index managed to cross the level and then broke out from the trendline after 141 days. Read More

#SmallCapIndex
##KeepItSimple

Delighted to share that the latest episode of the Investor Hour podcast is now out...

And my guest is S Naren.

If at this very moment you are nodding in approval and getting ready to dive into the podcast, I am not surprised... Naren is super popular among investors.

Here's a bit more on Naren and this episode...

Naren has seen it all...right from the heady IPOs of the 1970s.

Along the way he has learnt from his mistakes and combined that with teachings of gurus like Warren Buffett and Howard Marks to evolve his own unique approach to stock picking. He even has an acronym for it - TED.

In our conversation we talk about Naren’s focus on buying what is “bombed out” and exiting what’s loved a lot...and how it has worked wonders.

Finally, we talk about Naren’s investment case for India.

I invite you to watch this podcast now...

And as always, here are links to some of our most watched episodes so far...don't miss them!

Saurabh Mukherjea
Ramesh Damani
Ridham Desai
Kenneth Andrade

Finally, here's a link to the entire investor hour playlist...

Nifty Trading Strategy
https://youtu.be/tTYMbZX0Ilk

Daily Pre-Market Analysis - 29th August | SGX Nifty signals Gap-Down | Trading Nifty | Bank Nifty |

SGX Nifty Live @ 17,275

Have a Profitable Day! 📈💰

#PreMarketAnalysis #KeepItSimple

https://youtu.be/vnTdRrKFS2E

Daily Pre-Market Analysis - 30th August | Nifty - Cautious Monthly Close | Bank Nifty |

SGX Nifty Live @ 17,415

Have a Profitable Day! 📈💰

#PreMarketAnalysis #KeepItSimple

https://youtu.be/4htZKHdIp9Y

BankNifty support of 37,950 highlighted in yesterday's Pre-Market Analysis - Low of 37,943 and 39,300+ now.

#PreMarketAnalysis #KeepItSimple