The roller-coaster ride on Wall Street ends in green; IT stocks witnessed short-covering rally as Nasdaq ends with 1% gains.
SGX Nifty is trading up by 100 points at 18,800.
The Meeting Lines candlestick pattern followed by bullish momentum marks the short-teem bottom at 18,300.
Let's hit the 19,000 mark on Nifty with the year end rally 📈
BankNifty continues to outperform over Nifty50.
The recent breakout from ascending triangle on the ratio chart of BankNifty/ Nifty50 indicates the bulls to ride longs on BankNifty.
IT sector should be on your watchlist for day traders on the back of Nasdaq rally yesterday.
#PreMarket
#SGXNifty
#BankNifty
SGX Nifty is trading up by 100 points at 18,800.
The Meeting Lines candlestick pattern followed by bullish momentum marks the short-teem bottom at 18,300.
Let's hit the 19,000 mark on Nifty with the year end rally 📈
BankNifty continues to outperform over Nifty50.
The recent breakout from ascending triangle on the ratio chart of BankNifty/ Nifty50 indicates the bulls to ride longs on BankNifty.
IT sector should be on your watchlist for day traders on the back of Nasdaq rally yesterday.
#PreMarket
#SGXNifty
#BankNifty
👍20❤3👎1
SGX Nifty - The Resurgence of Bullish Momentum
The US market witnessed the roller coaster ride yesterday after positive economic data. SGX Nifty too followed the footsteps of US markets and fell to 18,746 from the high of 18,909.
Technically, the breakout of short-term momentum is visible on 4hours chart.
1. Trendline breakout.
2. Bullish candle at breakout will act as support.
3. 50EMA is the bulls entry.
4. Index turned bullish from 61.80% Fibonacci Retracement.
The recent low and 200EMA at ~18,400 will be the trend change level.
Hey Bulls, Are you with me for 19,000?
👍 Yes
👎 No
❤️ Let's hit 19,000 in 2023
#SGXNifty
#KeepItSimple
The US market witnessed the roller coaster ride yesterday after positive economic data. SGX Nifty too followed the footsteps of US markets and fell to 18,746 from the high of 18,909.
Technically, the breakout of short-term momentum is visible on 4hours chart.
1. Trendline breakout.
2. Bullish candle at breakout will act as support.
3. 50EMA is the bulls entry.
4. Index turned bullish from 61.80% Fibonacci Retracement.
The recent low and 200EMA at ~18,400 will be the trend change level.
Hey Bulls, Are you with me for 19,000?
👍 Yes
👎 No
❤️ Let's hit 19,000 in 2023
#SGXNifty
#KeepItSimple
👍95❤22👎7👏2
Fast Profits Daily
Fast Profits Daily - My Contrarian Bet for this Decade Looking for a contrarian long-term investment? Your search ends here... http://www.eqtm.in/m4B2Z
PSU Bank Index Up by 70+% in 5 months 💰🔥
Did you Buy the stocks after our video?
👍🏻 Yes, I'm Riding it 😊
👎🏻 No, I don't trust PSU Banks 😏
❤️ Watched the Video but missed the rally 😟
Did you Buy the stocks after our video?
👍🏻 Yes, I'm Riding it 😊
👎🏻 No, I don't trust PSU Banks 😏
❤️ Watched the Video but missed the rally 😟
👍88❤34👎27
Dear Valued Member,
I have big news for you.
And I haven’t been this excited about something for a long time now.
But this is special.
We have finally cracked the solution to the biggest problem our members like you had at Equitymaster.
You have been asking for this for years...
And it is finally time we reveal this to you.
Mark Your Calendar for the Tomorrow, 15th of Dec 2022, 5pm.
That is when we will make the big reveal.
Look out for an email with the subject line “INTRODUCING: Equitymaster’s Ultimate 30...” in your inbox.
Trust me, this is unlike anything we have ever done.
See you there
I have big news for you.
And I haven’t been this excited about something for a long time now.
But this is special.
We have finally cracked the solution to the biggest problem our members like you had at Equitymaster.
You have been asking for this for years...
And it is finally time we reveal this to you.
Mark Your Calendar for the Tomorrow, 15th of Dec 2022, 5pm.
That is when we will make the big reveal.
Look out for an email with the subject line “INTRODUCING: Equitymaster’s Ultimate 30...” in your inbox.
Trust me, this is unlike anything we have ever done.
See you there
👍43❤8👎2
Indian indices opened with a gap-up after the rally in the US markets yesterday; trades in the narrow range. Nifty ends at 18,660 gaining 0.28%.
Midcap and Smallcap indices are gaining momentum as they gain 0.60% and 0.71% respectively.
The banking stocks, esp. PSU banks are the talk of the town as they rally over 20% in December so far. PSU Bank index is up by 70% since my video. Watch here
Metals index has broken out of the descending triangle pattern; the traders should focus on metal stocks for the next couple of days. Watch chart here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
Midcap and Smallcap indices are gaining momentum as they gain 0.60% and 0.71% respectively.
The banking stocks, esp. PSU banks are the talk of the town as they rally over 20% in December so far. PSU Bank index is up by 70% since my video. Watch here
Metals index has broken out of the descending triangle pattern; the traders should focus on metal stocks for the next couple of days. Watch chart here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
👍25❤1👎1
US markets ends on negative note after Fed increase the rate by 50bps to 15years high of 4.25-4.50%.
Dow Jones Transportation Index is on verge of breaking out on charts indicating the positive 2023 for equity markets. Chart here
SGX Nifty is trading down by 35 points at 18,715.
The gap-up opening yesterday on Nifty didn't witness the follow up buying and index ended near day's low.
Is this the time correction or breather for trend resumption?
The broader range for Nifty seems to be 18,300-18,900. I expect the momentum to pickup on either side breakouts. Trending traders should focus on the stocks in momentum to mint money.
Metal stocks can be in action for next few days.
#PreMarket
#SGXNifty
Dow Jones Transportation Index is on verge of breaking out on charts indicating the positive 2023 for equity markets. Chart here
SGX Nifty is trading down by 35 points at 18,715.
The gap-up opening yesterday on Nifty didn't witness the follow up buying and index ended near day's low.
Is this the time correction or breather for trend resumption?
The broader range for Nifty seems to be 18,300-18,900. I expect the momentum to pickup on either side breakouts. Trending traders should focus on the stocks in momentum to mint money.
Metal stocks can be in action for next few days.
#PreMarket
#SGXNifty
👍28👎1
BankNifty @ Intraday Support Area
1. Triangle Breakout Retest
2. Trendline
3. Demand Zone of 21HEMA and 50HEMA
4. Positive Crossover on Stochastic
(CMP-43,880)
#BankNifty
#KeepItSimple
1. Triangle Breakout Retest
2. Trendline
3. Demand Zone of 21HEMA and 50HEMA
4. Positive Crossover on Stochastic
(CMP-43,880)
#BankNifty
#KeepItSimple
👍26❤6👎3👏1
Fast Profits Daily - These Stocks Can Go Up Just Like PSU Banks
PSU banks have dominated the return charts recently. But do you know the next big sector that is ready to go up? Find out in this video.
http://www.eqtm.in/p7G2C
PSU banks have dominated the return charts recently. But do you know the next big sector that is ready to go up? Find out in this video.
http://www.eqtm.in/p7G2C
👍9
US Equity Markets witnessed the worst day in three months as they corrected over 2% each on the back of poor economic numbers triggering the fear of recession.
Global markets are trending lower. SGX Nifty is down over 60 points and trading below 18,400.
Indian markets witnessed the profit bookings on weekly expiry yesterday.
Intraday traders should look to buy Nifty in the range of 18,267-18,305 as the bullish harmonic pattern completes in this range.
On BankNifty, 43,000-43,100 will be the key support area for bulls.
#PreMarket
#SGXNifty
Global markets are trending lower. SGX Nifty is down over 60 points and trading below 18,400.
Indian markets witnessed the profit bookings on weekly expiry yesterday.
Intraday traders should look to buy Nifty in the range of 18,267-18,305 as the bullish harmonic pattern completes in this range.
On BankNifty, 43,000-43,100 will be the key support area for bulls.
#PreMarket
#SGXNifty
👍26❤3👎1
BankNifty Futures - Bullish Harmonic
The much-awaited dip in the markets for the best risk-reward trade is here and traders should grab this opportunity.
The Bullish Harmonic pattern is visible on the hourly chart of Bank Nifty Futures and the price has respected the reversal levels.
Since the first tick, the bulls are grabbing the opportunity and I hope you are not missing it.
The pattern suggests BankNifty heads higher back to the 44,000+ levels. The pattern negates below 43,179.
(CMP-43,570)
#BankNifty
#KeepItSimple
The much-awaited dip in the markets for the best risk-reward trade is here and traders should grab this opportunity.
The Bullish Harmonic pattern is visible on the hourly chart of Bank Nifty Futures and the price has respected the reversal levels.
Since the first tick, the bulls are grabbing the opportunity and I hope you are not missing it.
The pattern suggests BankNifty heads higher back to the 44,000+ levels. The pattern negates below 43,179.
(CMP-43,570)
#BankNifty
#KeepItSimple
👍30👎3❤2👏1
Fast Profits Daily
Investor's Don't Miss this Sector!! https://www.youtube.com/watch?v=QECaCIkukTg&t=8s
The Dream Run! 💰💰💰
No One Believed in PSU Banks when I did the video in July 2022, now everyone is talking about PSU Banks...FOMO!
Will you still Buy Best PSU Banks Stocks?
👍🏻 Yes
👎🏻 No
❤️ Avoiding this Sector
No One Believed in PSU Banks when I did the video in July 2022, now everyone is talking about PSU Banks...FOMO!
Will you still Buy Best PSU Banks Stocks?
👍🏻 Yes
👎🏻 No
❤️ Avoiding this Sector
👎105👍98❤44
US Markets fell for straight third day on Friday; ended the week with 1.66% loss at 32,920.
Interestingly, the index has retested the breakout of falling trendline. The breakout was in early November and the retest seems an excellent opportunity on Wall-Street. The bulls needs to protect 32,000 for resumption of bullish trend.
Indian markets corrected in sync with global markets. The profit bookings ahead of Christmas holidays and fear of recession led to the fall.
Should you buy the dip?
Nifty is trending above the previous breakout level at 18,100 while the multiple bullish harmonic patterns are visible in the range of 18,100-18,200. The reversal can head higher at 19,000 levels.
SGX Nifty indicates positive opening. Trader's can look to buy the dip or above 18,330 (spot). The 18,500 may act as hurdle for this week.
#SGXNifty
#PreMarket
Interestingly, the index has retested the breakout of falling trendline. The breakout was in early November and the retest seems an excellent opportunity on Wall-Street. The bulls needs to protect 32,000 for resumption of bullish trend.
Indian markets corrected in sync with global markets. The profit bookings ahead of Christmas holidays and fear of recession led to the fall.
Should you buy the dip?
Nifty is trending above the previous breakout level at 18,100 while the multiple bullish harmonic patterns are visible in the range of 18,100-18,200. The reversal can head higher at 19,000 levels.
SGX Nifty indicates positive opening. Trader's can look to buy the dip or above 18,330 (spot). The 18,500 may act as hurdle for this week.
#SGXNifty
#PreMarket
👍26❤3👎1👏1
Nifty Futures - Bullish Harmonic
Indian markets have corrected over 3% from highs in sync with the US markets as the fear of recession mounts with the economic data last week. The fear resulted in profit bookings at higher levels.
An outperformance of Indian markets may prolong over the US.
The Dip, It’s a Buy
On the hourly chart of Nifty Futures (Continuous Contract), the Bullish Gartley Harmonic pattern is visible at today’s day low of 18,308.
The harmonic is the reversal pattern and is calculated using multiple Fibonacci retracements.
On Nifty Futures, the reversal is confirmed with the bullish bar and positive divergence on RSI.
Trader’s can look to buy the dips. The pattern negates on a break of 18,289.
(CMP-18,390)
#Nifty
#KeepItSimple
Indian markets have corrected over 3% from highs in sync with the US markets as the fear of recession mounts with the economic data last week. The fear resulted in profit bookings at higher levels.
An outperformance of Indian markets may prolong over the US.
The Dip, It’s a Buy
On the hourly chart of Nifty Futures (Continuous Contract), the Bullish Gartley Harmonic pattern is visible at today’s day low of 18,308.
The harmonic is the reversal pattern and is calculated using multiple Fibonacci retracements.
On Nifty Futures, the reversal is confirmed with the bullish bar and positive divergence on RSI.
Trader’s can look to buy the dips. The pattern negates on a break of 18,289.
(CMP-18,390)
#Nifty
#KeepItSimple
👍36❤7👎2
Fast Profits Daily
Nifty Futures - Bullish Harmonic Indian markets have corrected over 3% from highs in sync with the US markets as the fear of recession mounts with the economic data last week. The fear resulted in profit bookings at higher levels. An outperformance of Indian…
Nifty Futures 18,390 to 18,490+ 📈
👍36❤4👎2👏1
US markets carry-on with the ladt week's bearish tone on Monday; IT Index Nasdaq fell the most with 1.5% loss.
As per Wyckoff theory, Nasdaq seems forming the last of support this week after forming the shake out in mid October.
On Nifty, the bullish harmonic pattern is visible on the hourly chart and the reversal momentum yesterday confirms the resumption of bullish trend. Chart here
BankNifty needs to cross 43,570 for resumption of bullish momentum. Trader's should keep this levels on radar for long setup.
#PreMarket
#SGXNifty
As per Wyckoff theory, Nasdaq seems forming the last of support this week after forming the shake out in mid October.
On Nifty, the bullish harmonic pattern is visible on the hourly chart and the reversal momentum yesterday confirms the resumption of bullish trend. Chart here
BankNifty needs to cross 43,570 for resumption of bullish momentum. Trader's should keep this levels on radar for long setup.
#PreMarket
#SGXNifty
👍32❤3👎2👏1