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
Fast Profits Daily
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…
Nifty - Updated Chart - 17,452 to 17,750.... 📈
Index reversed from the Bullish Gartley patterns and approaching the levels of 18,000.
#KeepItSimple
Index reversed from the Bullish Gartley patterns and approaching the levels of 18,000.
#KeepItSimple
An Island reversal pattern to start the month for bulls, are they eyeing 18,500 on Nifty?
The bulls are back after forming the multiple bullish harmonic pattern last week on Nifty by gaining 159 points today.
An island reversal coupled with bullish harmonic pattern is the sign of short-term low in place at 17,452.
Midcap and Smallcap Index has broken out of triangle pattern and gapping-play indicating long-way to go for bulls.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The bulls are back after forming the multiple bullish harmonic pattern last week on Nifty by gaining 159 points today.
An island reversal coupled with bullish harmonic pattern is the sign of short-term low in place at 17,452.
Midcap and Smallcap Index has broken out of triangle pattern and gapping-play indicating long-way to go for bulls.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The short-lived dip to 17,500 on Nifty was an opportunity grabbed by bulls; ends at 17,822 gaining 0.74% but certainly eyeing 18,000 levels.
I’ve released the Fast Profits Daily video on Nifty Strategy for October. Watch here.
Midcap and Smallcap are hitting all-time high. What should investor do? Watch the Fast Profits Daily video tomorrow to the outlook on Smallcap Index.
Brijesh Bhatia
Research Analyst, Fast Profit Report
I’ve released the Fast Profits Daily video on Nifty Strategy for October. Watch here.
Midcap and Smallcap are hitting all-time high. What should investor do? Watch the Fast Profits Daily video tomorrow to the outlook on Smallcap Index.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Chart of the Day: Bank Nifty
Bulls are making it Large as index breaks out of Bullish Head and Shoulder pattern.
The bullish Head and Shoulder pattern was followed right after the Bullish Harmonic reversal pattern completed at the low of Friday.
The 200HEMA (Hourly Exponential Moving Average) comes into play as the multiple bullish reversal structure forms right at the test of moving average indicating the bulls are in control of the momentum.
Come on bulls, lets hit the new all-time high in Bank Nifty.
#KeepItSimple
Bulls are making it Large as index breaks out of Bullish Head and Shoulder pattern.
The bullish Head and Shoulder pattern was followed right after the Bullish Harmonic reversal pattern completed at the low of Friday.
The 200HEMA (Hourly Exponential Moving Average) comes into play as the multiple bullish reversal structure forms right at the test of moving average indicating the bulls are in control of the momentum.
Come on bulls, lets hit the new all-time high in Bank Nifty.
#KeepItSimple
The D-street witness the traditional astro move of Amavasya as all the benchmark correct; Nifty ends at 17,646 losing 1%.
Most of the benchmark indices retest the previous breakout levels indicating the bulls are still in control; an uptick in global markets can witness fresh bullish momentum.
I believe the Smallcap index will outperform the Nifty in 2022. Watch the technical setup here.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Most of the benchmark indices retest the previous breakout levels indicating the bulls are still in control; an uptick in global markets can witness fresh bullish momentum.
I believe the Smallcap index will outperform the Nifty in 2022. Watch the technical setup here.
Brijesh Bhatia
Research Analyst, Fast Profit Report