Bank Nifty - Ahead of RBI Meet
Index is hovering in the range of 50DEMA and 200DEMA (Daily Exponential Moving Average).
The recent high of 42,015 resisted at 50DEMA and slipped back to 39,500 but recovered from the support of 200DEMA.
The multiple resistance at 41,750 and 42,100 will be a hurdle for bulls to a resumption of the bullish scenario.
RBI Meet today may witness volatility but the mentioned range will be important to watch out for.
#BankNifty
#RBIMeet
Index is hovering in the range of 50DEMA and 200DEMA (Daily Exponential Moving Average).
The recent high of 42,015 resisted at 50DEMA and slipped back to 39,500 but recovered from the support of 200DEMA.
The multiple resistance at 41,750 and 42,100 will be a hurdle for bulls to a resumption of the bullish scenario.
RBI Meet today may witness volatility but the mentioned range will be important to watch out for.
#BankNifty
#RBIMeet
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Fast Profits Daily
Bank Nifty - Ahead of RBI Meet Index is hovering in the range of 50DEMA and 200DEMA (Daily Exponential Moving Average). The recent high of 42,015 resisted at 50DEMA and slipped back to 39,500 but recovered from the support of 200DEMA. The multiple resistance…
Updated Chart: BankNifty
Index failed to surpass the resistance zone and it may continue to trade in the range.
#BankNifty
Index failed to surpass the resistance zone and it may continue to trade in the range.
#BankNifty
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IT stocks leads the way for Nifty50; ends the day at 17,871 gaining 0.85%.
The rising-three bullish candlestick pattern is visible on the daily chart of Nifty indicating the resumption of a bullish trend.
The bullish piercing on the weekly chart and rising three on the daily chart signals 17,300 can be the new base on Nifty.
The break of 200DMA placed at 18,140 confirms the base on Nifty.
Midcap Index has reversed from the lower band of the megaphone pattern and heading towards 33,000 levels. Watch my video here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
The rising-three bullish candlestick pattern is visible on the daily chart of Nifty indicating the resumption of a bullish trend.
The bullish piercing on the weekly chart and rising three on the daily chart signals 17,300 can be the new base on Nifty.
The break of 200DMA placed at 18,140 confirms the base on Nifty.
Midcap Index has reversed from the lower band of the megaphone pattern and heading towards 33,000 levels. Watch my video here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
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US market ends in red with Nasdaq falling the most by 1.68%; Asian markets open on a flat note.
The rising-three candlestick pattern on the daily chart of Nifty indicates the bullish tone; 18,054 may act as the wall for bulls.
BankNifty felt the pain at the resistance zone of 41,700; above yesterday's high expect the move towards 42,000 on weekly expiry today.
#PreMarket
#SGXNifty
The rising-three candlestick pattern on the daily chart of Nifty indicates the bullish tone; 18,054 may act as the wall for bulls.
BankNifty felt the pain at the resistance zone of 41,700; above yesterday's high expect the move towards 42,000 on weekly expiry today.
#PreMarket
#SGXNifty
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Forwarded from Equitymaster
Here's a list of stocks to watch out for today in the Indian share market. This list is updated LIVE, so be sure to check back regularly... http://www.eqtm.in/Me4d3
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Forwarded from Equitymaster
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US Markets dives in the last hour to close a percent down; Dow Jones Transportation Index fell over 2%.
The bulls and bears are in battleground of Nifty as it trades in the range of 17,500-18,000 zone. The trend traders should avoid fresh positions while option writers can look from strangle short strategy.
IT stocks are in bullish momentum; traders should add to the marketwatch.
#PreMarket
#SGXNifty
The bulls and bears are in battleground of Nifty as it trades in the range of 17,500-18,000 zone. The trend traders should avoid fresh positions while option writers can look from strangle short strategy.
IT stocks are in bullish momentum; traders should add to the marketwatch.
#PreMarket
#SGXNifty
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Fast Profits Daily - Pyramiding TCS & Infosys for Higher Trading Gains
A trading technique that can boost your gains.
http://www.eqtm.in/Bk6o4
A trading technique that can boost your gains.
http://www.eqtm.in/Bk6o4
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#Averaging or #Pyramiding - What would you prefer.
A #twitterthread on the #strategy of #pyramiding
https://twitter.com/Equitymaster/status/1623983163205885952?t=1DydEbNjv-YYigy1rBTsig&s=19
A #twitterthread on the #strategy of #pyramiding
https://twitter.com/Equitymaster/status/1623983163205885952?t=1DydEbNjv-YYigy1rBTsig&s=19
Twitter
Averaging and Pyramiding are two important concepts in trading that help traders manage their risk and potentially increase profits. Our chartist @bbrijesh explains the concept of #averaging and #pyramiding
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Forwarded from Equitymaster
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Are you buying the thriller?
Adani stocks have been the town's talk for the past few weeks and the volatility is attracting traders.
While investors feel the dirt-cheap valuations are expensive a few weeks back.
The WhatsApp memes of Adani Enterprise doubled from the lows and felt like a missed opportunity to many readers.
Well, the stock is still down by over 55% from its high.
You can check the live prices of Adani Group stocks here.
Should you catch the falling knives?
👍🏻 Yes
👎🏻 No
❤️ It is following RCOM's and Suzlon's trend😜
Adani stocks have been the town's talk for the past few weeks and the volatility is attracting traders.
While investors feel the dirt-cheap valuations are expensive a few weeks back.
The WhatsApp memes of Adani Enterprise doubled from the lows and felt like a missed opportunity to many readers.
Well, the stock is still down by over 55% from its high.
You can check the live prices of Adani Group stocks here.
Should you catch the falling knives?
👍🏻 Yes
👎🏻 No
❤️ It is following RCOM's and Suzlon's trend😜
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Fast Profits Daily
Nifty Pharma Index at Life-Saving Levels 🧑🏼⚕️💊💉 Detailed analysis soon.... ✍️📈📉 #PharmaIndex
Equitymaster
Crucial Week for Nifty Pharma Stocks. Will the Bulls Break Through?
The Nifty Pharma index may follow its US counterpart and rally in the short term. A reversal cannot be ruled out.
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Forwarded from Equitymaster
LIVE NOW: 3 Stocks to Ride India’s Third Giant Leap
India’s top analyst, Rahul Shah, is revealing the biggest prediction of his career for the first time ever…RIGHT NOW.
His research says, India is set to take a leap of epic proportion.
He has already identified his first 3 stocks to ride this giant leap.
LIVE NOW. Click the link below watch…
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India’s top analyst, Rahul Shah, is revealing the biggest prediction of his career for the first time ever…RIGHT NOW.
His research says, India is set to take a leap of epic proportion.
He has already identified his first 3 stocks to ride this giant leap.
LIVE NOW. Click the link below watch…
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The rangebound momentum prolongs on the D-Street as Nifty trades in the range of 17,600-18,000; ends the day at 17,770 losing 85 points.
The multiple rejections at the 17,850-17,900 zone on Nifty signals the bulls are losing control of the trend.
Most of the Indian benchmark indices are trending between 50DEMA and 200DEMA indicating the lack of momentum on the street.
The pharma sector is signalling the reversal on the weekly chart. The US Pharmaceuticals witnessed a rally in the last few months. Will the Indian pharma index catch the momentum? Read here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
The multiple rejections at the 17,850-17,900 zone on Nifty signals the bulls are losing control of the trend.
Most of the Indian benchmark indices are trending between 50DEMA and 200DEMA indicating the lack of momentum on the street.
The pharma sector is signalling the reversal on the weekly chart. The US Pharmaceuticals witnessed a rally in the last few months. Will the Indian pharma index catch the momentum? Read here
Brijesh Bhatia,
Research Analyst, Fast Profits Report
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