Fast Profits Daily
Chart of the Day: Can Auto Index rise from the Ashes? Nifty Auto Index is underperforming against Nifty for last couple of months and barring few stocks, most of the stocks fail to participate in this market rally. Technically, Nifty Auto Index is breaking…
Nifty Auto Index - The second gear
Nifty Auto Index after taking support at 200DEMA and breaking out of multiple channel, the bulls are accelerating the speed and heading northwards.
#KeepItSimple
Nifty Auto Index after taking support at 200DEMA and breaking out of multiple channel, the bulls are accelerating the speed and heading northwards.
#KeepItSimple
The broad based buying on D-street hits new all-time high for Nifty, Midcaps and Smallcaps.
Post triangle breakout on Nifty, the bulls aggressive buying takes index above 17,500 levels. Are we heading for 18,000?
As per derivative structure, an unwinding in 17500CE (30th Sept 2021 contract) may trigger momentum to 18,000 levels.
Bank Nifty is struggling to outperform against Nifty; probably the short covering rally can be expected sooner or later.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Post triangle breakout on Nifty, the bulls aggressive buying takes index above 17,500 levels. Are we heading for 18,000?
As per derivative structure, an unwinding in 17500CE (30th Sept 2021 contract) may trigger momentum to 18,000 levels.
Bank Nifty is struggling to outperform against Nifty; probably the short covering rally can be expected sooner or later.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily - Alpha Wave Profits
Use my proprietary trading system to create a second income from trading.
http://www.eqtm.in/Lz8g6
Use my proprietary trading system to create a second income from trading.
http://www.eqtm.in/Lz8g6
Fast Profits Daily
Fast Profits Daily - PSU Banks Are Set for a Rally Here's why I think PSU banking stocks are your best trading bet right now. http://www.eqtm.in/Bq95A
Nifty PSU Index - Don't Miss this Trading Opportunity
PSU Bank index has reversed from 50% Fibonacci retracement and 200DMA (red average line) indicating the bulls manage to hold crucial support zone.
Index is trading above the 50DMA (blue average line) signaling the strength of bullish trend.
Traders shouldn't miss this opportunity of going long.
Considering the volatility in PSU index, setups negated below the recent low of 2,200.
We highlighted this opportunity couple of weeks back when index was trading around ~2,300 (CMP-2,450).
#KeepItSimple
PSU Bank index has reversed from 50% Fibonacci retracement and 200DMA (red average line) indicating the bulls manage to hold crucial support zone.
Index is trading above the 50DMA (blue average line) signaling the strength of bullish trend.
Traders shouldn't miss this opportunity of going long.
Considering the volatility in PSU index, setups negated below the recent low of 2,200.
We highlighted this opportunity couple of weeks back when index was trading around ~2,300 (CMP-2,450).
#KeepItSimple
The short covering rally in Bank Nifty triggers the bullish momentum on D-street; Nifty hits all-time high of 17,644.
Bulls will continue to lead Nifty towards 18,000 levels as Bank Nifty might lead towards 38,300-38,500 levels.
Last month we highlighted the trading opportunity in PSU Bank, index is up by 10+% in one month. Read here http://www.eqtm.in/Bq95A
Brijesh Bhatia
Research Analyst, Fast Profit Report
Bulls will continue to lead Nifty towards 18,000 levels as Bank Nifty might lead towards 38,300-38,500 levels.
Last month we highlighted the trading opportunity in PSU Bank, index is up by 10+% in one month. Read here http://www.eqtm.in/Bq95A
Brijesh Bhatia
Research Analyst, Fast Profit Report
Dollar Index - Bulls need to break 94-95 hurdle if they foresee 100 or else back to 86-88 zone.
#KeepItSimple
#KeepItSimple
The profit bookings witness on D-street on the fear of overbought markets; Nifty ends at 17,585 gaining 1.24% for the week.
The bearish harami cross candlestick pattern is visible on daily chart of Midcap and Smallcap index; reversal confirmation will be below today’s low.
Banknifty witness an outperformance in the last couple of days indicates the traders should focus on banking stocks next week.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The bearish harami cross candlestick pattern is visible on daily chart of Midcap and Smallcap index; reversal confirmation will be below today’s low.
Banknifty witness an outperformance in the last couple of days indicates the traders should focus on banking stocks next week.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty - Short-term Top?
On the short term chart of Nifty, index is trading at key support levels of:
1. Rising trendline (black) connecting the lows indicates support at 17,375
2. The breakout of 17,436 retested at horizontal trendline (red)
3. The 45EMA acts as momentum support and resistance is placed at 17,378.
If bulls manage to hold 17,350-17,450 support zone, index might head higher to 18,000 levels.
On contrary, the break below this support zone and bears will take the lead.
#KeepItSimple
On the short term chart of Nifty, index is trading at key support levels of:
1. Rising trendline (black) connecting the lows indicates support at 17,375
2. The breakout of 17,436 retested at horizontal trendline (red)
3. The 45EMA acts as momentum support and resistance is placed at 17,378.
If bulls manage to hold 17,350-17,450 support zone, index might head higher to 18,000 levels.
On contrary, the break below this support zone and bears will take the lead.
#KeepItSimple
Bank Nifty - The Weight of the Evidence Supports the Bulls
As we highlighted the Nifty structure yesterday regarding the support zone of 17,350-17,450, bulls are managing to hold the range.
On Bank Nifty hourly chart, the weight of evidence supports the bulls are we are witnessing technical reversal structure at support zone.
1. Bullish Bat Harmonic Pattern on price.
2. The horizontal trendline breakout followed by descending triangle has been retested.
3. 200HEMA support is placed at 36,395.
4. RSI is in oversold territory.
5. Stochastic is in oversold zone and formed bullish AB=CD reversal pattern.
The above structure negates below the hourly close of 36,200.
#KeepItSimple
As we highlighted the Nifty structure yesterday regarding the support zone of 17,350-17,450, bulls are managing to hold the range.
On Bank Nifty hourly chart, the weight of evidence supports the bulls are we are witnessing technical reversal structure at support zone.
1. Bullish Bat Harmonic Pattern on price.
2. The horizontal trendline breakout followed by descending triangle has been retested.
3. 200HEMA support is placed at 36,395.
4. RSI is in oversold territory.
5. Stochastic is in oversold zone and formed bullish AB=CD reversal pattern.
The above structure negates below the hourly close of 36,200.
#KeepItSimple
Forwarded from Equitymaster
Fast Profits Daily - Ultimate Guide to Hedging Your Portfolio
How can you protect your portfolio in a market crash? Find out in this video.
http://www.eqtm.in/Wf9r8
How can you protect your portfolio in a market crash? Find out in this video.
http://www.eqtm.in/Wf9r8
The volatility rise ahead of FOMC meet; Nifty bounce backs from the support zone reclaiming 17,500, ends at 17,562.
Nifty reversal from support zone of 17,350-17,450 will motivate the bulls for the new milestone of 18,000. Watch chart here https://t.me/FastProfitsReport/205
The reversal structure on short term chart of Bank Nifty indicates may lead the second half of the week. Watch chart here https://t.me/FastProfitsReport/206
The markets are trading at all-time high and an uptick in volatility calls for hedging your portfolio. To know more about hedging watch my video here https://www.youtube.com/watch?v=VNsYI7QhXw0
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty reversal from support zone of 17,350-17,450 will motivate the bulls for the new milestone of 18,000. Watch chart here https://t.me/FastProfitsReport/205
The reversal structure on short term chart of Bank Nifty indicates may lead the second half of the week. Watch chart here https://t.me/FastProfitsReport/206
The markets are trading at all-time high and an uptick in volatility calls for hedging your portfolio. To know more about hedging watch my video here https://www.youtube.com/watch?v=VNsYI7QhXw0
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily
Chart of the Day: Can Auto Index rise from the Ashes? Nifty Auto Index is underperforming against Nifty for last couple of months and barring few stocks, most of the stocks fail to participate in this market rally. Technically, Nifty Auto Index is breaking…
Nifty Auto Index - Can it change the gears?
Nifty Auto Index is underperforming Nifty50 since January 2021. This week will be crucial for Auto index as it completes 161 trading days of underperformance and 161.80 being a Fibonacci time cycle completion time, I expect the things to turn bullish for Auto index.
On daily chart, index retest the breakout levels and formed bullish Anti-Shark harmonic reversal pattern indicating the retest and reversal can end an underperformance for Auto Index.
#KeepItSimple
Nifty Auto Index is underperforming Nifty50 since January 2021. This week will be crucial for Auto index as it completes 161 trading days of underperformance and 161.80 being a Fibonacci time cycle completion time, I expect the things to turn bullish for Auto index.
On daily chart, index retest the breakout levels and formed bullish Anti-Shark harmonic reversal pattern indicating the retest and reversal can end an underperformance for Auto Index.
#KeepItSimple
Forwarded from Equitymaster
Fast Profits Daily - Why I'm Bullish on Power Stocks
This is why I think buying power stocks is a good idea.
http://www.eqtm.in/j2YEn
This is why I think buying power stocks is a good idea.
http://www.eqtm.in/j2YEn
Fast Profits Daily
Wow, It's Breaking Big Metals, Cement and Now...... Nifty Realty index is breaking out of Cup & Handle pattern. #KeepItSimple
Realty Index is up by 20% in 2months since it broke out of Cup & Handle pattern.
We highlighted the chart pattern on 12th July 2021.
#KeepItSimple
We highlighted the chart pattern on 12th July 2021.
#KeepItSimple
Midcap and Smallcap outrun Nifty on bullish momentum by gaining more than 1.5% against -0.09% for Nifty.
Morning Star bullish reversal candlestick pattern on daily chart of Midcap and Smallcap indicate the resumption in the bullish trend.
Traders should not miss an opportunity in Power stocks. Watch the Technical setup on BSE Power index here https://www.youtube.com/watch?v=JdkBaF2eV24
Brijesh Bhatia
Research Analyst, Fast Profit Report
Morning Star bullish reversal candlestick pattern on daily chart of Midcap and Smallcap indicate the resumption in the bullish trend.
Traders should not miss an opportunity in Power stocks. Watch the Technical setup on BSE Power index here https://www.youtube.com/watch?v=JdkBaF2eV24
Brijesh Bhatia
Research Analyst, Fast Profit Report
Chart of the Day: Nifty Small Cap100 Index
It's a daily candlestick chart of the Nifty Smallcap 100 index.
Index has reversed from the confluence of 38.20% Fibonacci level and 34-period exponential moving average forming a Morning star candlestick pattern.
It indicates the resumption in the bullish trend after the dip.
Time to focus on smallcaps for the bullish momentum.
#KeepItSimple
It's a daily candlestick chart of the Nifty Smallcap 100 index.
Index has reversed from the confluence of 38.20% Fibonacci level and 34-period exponential moving average forming a Morning star candlestick pattern.
It indicates the resumption in the bullish trend after the dip.
Time to focus on smallcaps for the bullish momentum.
#KeepItSimple
Fast Profits Daily
Realty Index is up by 20% in 2months since it broke out of Cup & Handle pattern. We highlighted the chart pattern on 12th July 2021. #KeepItSimple
Realty stocks are on fire for straight second day 📈📈
Fast Profits Daily
Bank Nifty - The Weight of the Evidence Supports the Bulls As we highlighted the Nifty structure yesterday regarding the support zone of 17,350-17,450, bulls are managing to hold the range. On Bank Nifty hourly chart, the weight of evidence supports the…
Bank Nifty up by 1200+ points from the reversal structure.
Can it outperform against Nifty now?
#KeepItSimple
Can it outperform against Nifty now?
#KeepItSimple
The bulls party hard on D-street as Nifty hits new all-time high of 17,843; ends at 17,822. Sensex approaching 60,000 marks, ends at 59,885.
The run-away gap on Nifty opens the door for 18,000 levels. We highlighted the support zone of 17,350-17,450 if held, 18,000 can be on cards. Watch our post here https://t.me/FastProfitsReport/205
Bank Nifty if breaks 38,100-38,200 levels, it may outperform against the Nifty in monthly expiry week.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The run-away gap on Nifty opens the door for 18,000 levels. We highlighted the support zone of 17,350-17,450 if held, 18,000 can be on cards. Watch our post here https://t.me/FastProfitsReport/205
Bank Nifty if breaks 38,100-38,200 levels, it may outperform against the Nifty in monthly expiry week.
Brijesh Bhatia
Research Analyst, Fast Profit Report