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
Chart of the Day: Equal Weighted Hotel Index
Tourist influx post withdrawal of mandatory RT-PCR test and e-Covid pass by GOI and the social media is buzzing with the photos of crowds without precautionary measures at some hill stations.
An Opportunity to grab for traders and investors from these buzzing photos is in hotel stocks.
We created an Equal Weighted Hotel Index (EWHI) of stocks listed on NSE with minimum market cap of 1,000crs.
The higher high - higher low bullish structure as per Dow Theory highlights an increase in occupancy rate.
Well with an opportunity, there is a threat too. We are still in danger of Covid-19 and if the third wave kicks-in, the restriction might reimpose considering risk for these hotels stocks.
#KeepItSimple
Tourist influx post withdrawal of mandatory RT-PCR test and e-Covid pass by GOI and the social media is buzzing with the photos of crowds without precautionary measures at some hill stations.
An Opportunity to grab for traders and investors from these buzzing photos is in hotel stocks.
We created an Equal Weighted Hotel Index (EWHI) of stocks listed on NSE with minimum market cap of 1,000crs.
The higher high - higher low bullish structure as per Dow Theory highlights an increase in occupancy rate.
Well with an opportunity, there is a threat too. We are still in danger of Covid-19 and if the third wave kicks-in, the restriction might reimpose considering risk for these hotels stocks.
#KeepItSimple
How to Win in Any Market with Proven Trading Setups
It's easy to make money in the bull market. But what about bearish times? What about the times when the markets are choppy?
To win in any market you need to avoid these 4 common trading mistakes.
Watch today’s video to uncover these 4 mistakes. So that, you can increase your chances to win in any kind of market. https://youtu.be/uADEKDklv0Y
It's easy to make money in the bull market. But what about bearish times? What about the times when the markets are choppy?
To win in any market you need to avoid these 4 common trading mistakes.
Watch today’s video to uncover these 4 mistakes. So that, you can increase your chances to win in any kind of market. https://youtu.be/uADEKDklv0Y
Chart of the Day: Equal Weighted Cement Index
After metals, it is Cement which is resuming its bullish journey.
We created an Equal Weighted Cement Index (EWCI) from the stocks with market cap of minimum Rs.20,000cr.
Index broke it previous high in December 2020 and rallied by 35% in four months.
Its been consolidating from last three months and the recent momentum might resume the bullish breakout.
#KeepItSimple
After metals, it is Cement which is resuming its bullish journey.
We created an Equal Weighted Cement Index (EWCI) from the stocks with market cap of minimum Rs.20,000cr.
Index broke it previous high in December 2020 and rallied by 35% in four months.
Its been consolidating from last three months and the recent momentum might resume the bullish breakout.
#KeepItSimple
Fast Profits Daily - Top 3 Risks for the Nifty Today
Don't ignore the risks to the Nifty that are hiding in plain sight.
http://www.eqtm.in/f9YTt
Don't ignore the risks to the Nifty that are hiding in plain sight.
http://www.eqtm.in/f9YTt
Wow, It's Breaking Big
Metals, Cement and Now......
Nifty Realty index is breaking out of Cup & Handle pattern.
#KeepItSimple
Metals, Cement and Now......
Nifty Realty index is breaking out of Cup & Handle pattern.
#KeepItSimple
The bulls are riding the Midcap and Smallcap as they hit the new all-time of 27,655 and 10,152 respectively.
It is the delight for option writers as Nifty hovers in the range of 15,500-15,900 zone.
Is this the Time Correction or Distribution?
As markets are trading at highs, the margin of safety reduces for bullish traders and they should evaluate the risk. We highlight some risk in our video here Top 3 Risks for the Nifty Today - https://youtu.be/QvJMm_rN1mg
Brijesh Bhatia
Research Analyst, Fast Profit Report
It is the delight for option writers as Nifty hovers in the range of 15,500-15,900 zone.
Is this the Time Correction or Distribution?
As markets are trading at highs, the margin of safety reduces for bullish traders and they should evaluate the risk. We highlight some risk in our video here Top 3 Risks for the Nifty Today - https://youtu.be/QvJMm_rN1mg
Brijesh Bhatia
Research Analyst, Fast Profit Report
Ride Stock Market Cycles with Confidence
One of the best ways to potentially multiply your profits is to ride stock market cycles from start to end.
Most traders and investors either enter too late into the cycle or exit too early. And in the process, lose out on the big chunk of potential gains.
Watch this video to learn how I ride stock market cycles with ease.
https://youtu.be/X-3FL0EaQEw
One of the best ways to potentially multiply your profits is to ride stock market cycles from start to end.
Most traders and investors either enter too late into the cycle or exit too early. And in the process, lose out on the big chunk of potential gains.
Watch this video to learn how I ride stock market cycles with ease.
https://youtu.be/X-3FL0EaQEw
Chart of the Day: Can Silver Outperform over Gold outlast?
Every cloud has a Silver lining as silver underperforms gold since March 2020.
After the stellar rally in MCX Silver, it is consolidating in the form of Bullish Pennant and the ratio chart of MCX Gold to Silver is at similar levels in 2016.
If ratio turns upwards means Silver outperformance might get over and Gold will outperform.
#KeepItSimple
Every cloud has a Silver lining as silver underperforms gold since March 2020.
After the stellar rally in MCX Silver, it is consolidating in the form of Bullish Pennant and the ratio chart of MCX Gold to Silver is at similar levels in 2016.
If ratio turns upwards means Silver outperformance might get over and Gold will outperform.
#KeepItSimple
The bulls are rejuvenating to break 16,000 mark this time; ends at 15,853 gaining 0.26%.
The overall breadth of markets are indicating the bullish trend is strong; Nifty might break 16,000 sooner or later.
As per derivatives structure, the put writers are shifting the strike high indicating the bullish break can be on cards.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The overall breadth of markets are indicating the bullish trend is strong; Nifty might break 16,000 sooner or later.
As per derivatives structure, the put writers are shifting the strike high indicating the bullish break can be on cards.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty's 5th attempt to cross 16,000 mark.
Can Bulls make it happen?
Can Bulls make it happen?
Anonymous Poll
68%
Yes
20%
No
12%
Not Sure
Fast Profits Daily pinned «Nifty's 5th attempt to cross 16,000 mark.
Can Bulls make it happen?»
Can Bulls make it happen?»
Chart of the Day: Bank Nifty - Ready to take off
Index is breaking out of Bullish Cup & Handle pattern after 45 days.
Inverted or Bullish Head & Shoulder breakout structure still remains favourable for upside levels of 37,000.
#KeepItSimple
Index is breaking out of Bullish Cup & Handle pattern after 45 days.
Inverted or Bullish Head & Shoulder breakout structure still remains favourable for upside levels of 37,000.
#KeepItSimple
Fast Profits Daily
Nifty's 5th attempt to cross 16,000 mark.
Can Bulls make it happen?
Can Bulls make it happen?
Bulls missed it today, hope they hit it tomorrow. 😊
Hurrah! Bulls hit new all-time of 15,952 on Nifty but D-street awaits for 16,000 mark; ends at 15,924.20 gaining 70points.
Nifty breaks the range right on Fibonacci time cycle of 21 days, the bullish move towards 16,100 levels may be fast and furious.
Bank Nifty is gearing up for a swift move above 36,050; should be on trader’s watchlist for tomorrow.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty breaks the range right on Fibonacci time cycle of 21 days, the bullish move towards 16,100 levels may be fast and furious.
Bank Nifty is gearing up for a swift move above 36,050; should be on trader’s watchlist for tomorrow.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The Most Scientific Way to Make Price Projections
After buying the stock, how do you know when is the best time to sell?
You might have some set target price in your mind. But can you be sure that it is the best price you could get?
Watch this video to learn how I use a scientific way to make price projections. So that, I get the best price to sell, almost every time.
https://youtu.be/8TlE-wVfMGw
After buying the stock, how do you know when is the best time to sell?
You might have some set target price in your mind. But can you be sure that it is the best price you could get?
Watch this video to learn how I use a scientific way to make price projections. So that, I get the best price to sell, almost every time.
https://youtu.be/8TlE-wVfMGw
Join me this Saturday, 17th July at 6pm for a special session on technical analysis, organized by CMT Association, a professional organization of technical analysts headquartered in New York City.
CMT Association: https://cmtassociation.org/event/india-virtual-chapter-meeting-july-2021/
CMT Association: https://cmtassociation.org/event/india-virtual-chapter-meeting-july-2021/
CMT Association
India Virtual Chapter Meeting - July 2021 (2021-07-17)
The Mumbai Chapter of CMT Association cordially invites you to our next meeting on Saturday, July 17, 2021. Please join our virtual meeting from the comfort of your home, office, or home office. Akshay Chinchalkar, CMT Vishal Mehta, CMT India Chapter…
Join me this Saturday, 17th July at 6pm for a special session on technical analysis, organized by CMT Association, a professional organization of technical analysts headquartered in New York City.
CMT Association: https://cmtassociation.org/event/india-virtual-chapter-meeting-july-2021/
CMT Association: https://cmtassociation.org/event/india-virtual-chapter-meeting-july-2021/
CMT Association
India Virtual Chapter Meeting - July 2021 (2021-07-17)
The Mumbai Chapter of CMT Association cordially invites you to our next meeting on Saturday, July 17, 2021. Please join our virtual meeting from the comfort of your home, office, or home office. Akshay Chinchalkar, CMT Vishal Mehta, CMT India Chapter…
Chart of the Day: Nifty
Index has broken out of rare pattern called Quadruple on Point & Figure chart.
Quadruple breakout is continuation pattern.
The price consolidates in a range with similar highs. The break and close above the highs confirms the breakout.
#KeepItSimple
Index has broken out of rare pattern called Quadruple on Point & Figure chart.
Quadruple breakout is continuation pattern.
The price consolidates in a range with similar highs. The break and close above the highs confirms the breakout.
#KeepItSimple