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
With recent memories cherished by the web series on Harshad Mehta - 1992, Sensex was trading at ~4,500 and we are now up by more than 13 times in 3 decades hitting the new high of 60,000; time to cheers on D-street.
The week started with bears attack and ends with bulls power indicating an aggressive buying by DII and retailers.
The recent low of 17,326 on Nifty will be the trend change level for this bullish trend.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The week started with bears attack and ends with bulls power indicating an aggressive buying by DII and retailers.
The recent low of 17,326 on Nifty will be the trend change level for this bullish trend.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The gap-up opening on an expiry week sold-off to close on a flat note; Nifty ends at 17,855.
Market breadth has been concern in last few trading sessions indicating the bulls are losing the momentum.
Nifty (spot) needs to cross 18,061 to continue its bullish momentum; else 17,578 might be tested in an expiry week.
Bank Nifty and Auto started outperforming against Nifty can be savior for bulls.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Market breadth has been concern in last few trading sessions indicating the bulls are losing the momentum.
Nifty (spot) needs to cross 18,061 to continue its bullish momentum; else 17,578 might be tested in an expiry week.
Bank Nifty and Auto started outperforming against Nifty can be savior for bulls.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Bank Nifty - Grab a CUP of coffee
On hourly chart, index has broken out of Cup & Handle pattern at 38,100 and hovering around the same level.
The gap area of 37,700-37,970 will too act as strong support zone for bulls.
Psychological play - index is sustaining and closed above 38,000 level for the first time.
The bullish trend will negate only on move below 37,684.
#KeepItSimple
On hourly chart, index has broken out of Cup & Handle pattern at 38,100 and hovering around the same level.
The gap area of 37,700-37,970 will too act as strong support zone for bulls.
Psychological play - index is sustaining and closed above 38,000 level for the first time.
The bullish trend will negate only on move below 37,684.
#KeepItSimple
Fast Profits Daily - Auto Stocks will Rise from the Ashes
Auto stocks have underperformed a lot. But now they could be on the verge of going up again.
http://www.eqtm.in/Jd8o2
Auto stocks have underperformed a lot. But now they could be on the verge of going up again.
http://www.eqtm.in/Jd8o2
Fast Profits Daily
Bank Nifty - Grab a CUP of coffee On hourly chart, index has broken out of Cup & Handle pattern at 38,100 and hovering around the same level. The gap area of 37,700-37,970 will too act as strong support zone for bulls. Psychological play - index is sustaining…
The Cup & handle breakout on Bank Nifty negates below 37,684.
Fast Profits Daily
The gap-up opening on an expiry week sold-off to close on a flat note; Nifty ends at 17,855. Market breadth has been concern in last few trading sessions indicating the bulls are losing the momentum. Nifty (spot) needs to cross 18,061 to continue its bullish…
Nifty test of 17,578 done. It seems we might have range bound trading in next couple of days.
#TugofWar #BullsvsBears
#TugofWar #BullsvsBears
Nifty - Reversing from Support Zone
1. Fibonacci Retracement @ 61.80%
2. Gap Area
3. 50EMA on 120mins chart
#KeepItSimple
1. Fibonacci Retracement @ 61.80%
2. Gap Area
3. 50EMA on 120mins chart
#KeepItSimple
The roller coaster day for bulls and bears ends on bears note; Nifty ends at 17,748.60 losing 0.6%.
We highlighted the test of 17,578 if 18,061 is not crossed in our Friday post market note; we hit the low of 17,578 today and ended higher.
Nifty has reversed from strong support zone of:
i) The 61.80% Fibonacci retracement of 17,326 to 17,947.
ii) Gap area of 17,555-17,646
iii) The 50EMA on 120mins chart
The reversal in Bank Nifty was fast and furious; traders keep an eye for 38,500-38,900 levels.
Brijesh Bhatia
Research Analyst, Fast Profit Report
We highlighted the test of 17,578 if 18,061 is not crossed in our Friday post market note; we hit the low of 17,578 today and ended higher.
Nifty has reversed from strong support zone of:
i) The 61.80% Fibonacci retracement of 17,326 to 17,947.
ii) Gap area of 17,555-17,646
iii) The 50EMA on 120mins chart
The reversal in Bank Nifty was fast and furious; traders keep an eye for 38,500-38,900 levels.
Brijesh Bhatia
Research Analyst, Fast Profit Report
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
Power Sector Update:
BSE Power Index has hit new all-time high and up by 5% since our video.
Do not miss this sector 📈
BSE Power Index has hit new all-time high and up by 5% since our video.
Do not miss this sector 📈
Fast Profits Daily - Are Metals Still the Best Sector of 2021
Metals stocks have fallen recently. Are they still the best sector of 2021? Find out if I'm sticking to my call.
http://www.eqtm.in/Mk49J
Metals stocks have fallen recently. Are they still the best sector of 2021? Find out if I'm sticking to my call.
http://www.eqtm.in/Mk49J
Index trades in the range ahead of monthly expiry; Nifty ends at 17,711 losing 0.21%.
The support zone of the gap area and 61.80% Fibonacci retracement is held by bulls on Nifty; 18,000 can be on cards.
Power stocks gains the most today. I indicated the bullish breakout on power sector. Watch video here https://www.youtube.com/watch?v=JdkBaF2eV24
Brijesh Bhatia
Research Analyst, Fast Profit Report
The support zone of the gap area and 61.80% Fibonacci retracement is held by bulls on Nifty; 18,000 can be on cards.
Power stocks gains the most today. I indicated the bullish breakout on power sector. Watch video here https://www.youtube.com/watch?v=JdkBaF2eV24
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily
Nifty test of 17,578 done. It seems we might have range bound trading in next couple of days. #TugofWar #BullsvsBears
Nifty - The range bound trading on expiry as expected.
Can bulls roar 18,000 tomorrow?
Can bulls roar 18,000 tomorrow?
Chart of the Day: Nifty
The October F&O series starts with bears attack taking Nifty below 17,500 levels.
The short term structure on hourly chart seem bullish.
Bullish Gartley Harmonic pattern is visible on chart with reversal zone of 17,445-17,465 indicating the bargain buying zone.
If bulls manage to hold 17,300 levels, expect the target of 18,000 in October series.
#KeepItSimple
The October F&O series starts with bears attack taking Nifty below 17,500 levels.
The short term structure on hourly chart seem bullish.
Bullish Gartley Harmonic pattern is visible on chart with reversal zone of 17,445-17,465 indicating the bargain buying zone.
If bulls manage to hold 17,300 levels, expect the target of 18,000 in October series.
#KeepItSimple
After the rally of 8% in August, bulls in September head higher with gains of 2.84%; October begins with gap-down opening and close the first day at 17,532.
On daily chart of Nifty, doji is formed right at the multiple bullish harmonic patterns like Gartley and Reciprocal AB=CD indicating the low of 17,452 will act as key support zone for next few weeks.
https://t.me/FastProfitsReport/237
The bullish reciprocal AB=CD on Bank Nifty indicates the bulls may lead next week.
Brijesh Bhatia
Research Analyst, Fast Profit Report
On daily chart of Nifty, doji is formed right at the multiple bullish harmonic patterns like Gartley and Reciprocal AB=CD indicating the low of 17,452 will act as key support zone for next few weeks.
https://t.me/FastProfitsReport/237
The bullish reciprocal AB=CD on Bank Nifty indicates the bulls may lead next week.
Brijesh Bhatia
Research Analyst, Fast Profit Report