The D-street would name this day as "Tata’s Day” as 17 listed Tata entities on NSE and BSE ends on positive note with Tata Motors leading with 20% gains followed by Tata Chemicals, Tata Power and Tata Invest each gaining 14+% respectively.
Market booms above 18,000 levels on Nifty; disruptive 18000CE writers cover their positions taking index higher to close at 18,161 gaining 0.94%.
Nifty breaks out of ascending triangle breakout and heads higher as indicated yesterday; 18,400 can be on cards. Watch chart here https://t.me/FastProfitsReport/263
Brijesh Bhatia
Research Analyst, Fast Profit Report
Market booms above 18,000 levels on Nifty; disruptive 18000CE writers cover their positions taking index higher to close at 18,161 gaining 0.94%.
Nifty breaks out of ascending triangle breakout and heads higher as indicated yesterday; 18,400 can be on cards. Watch chart here https://t.me/FastProfitsReport/263
Brijesh Bhatia
Research Analyst, Fast Profit Report
Wish you and your family
💫 *Happy Dussehra*💫
🍁🌸☘️🙏🏻☘️🌸🍁
Celebrating victory of
⭐ good over evil ⭐
✨✨✨✨✨✨✨✨
💫 *Happy Dussehra*💫
🍁🌸☘️🙏🏻☘️🌸🍁
Celebrating victory of
⭐ good over evil ⭐
✨✨✨✨✨✨✨✨
An euphoria on D-street as markets hits new all-time high of 18,543 on Nifty and 61,963 on Sensex.
Last week we highlighted Nifty has broken out ascending triangle pattern and heading for 18,500+ levels but didn’t expected to be so expediently, that’s the bull market folks. Watch chart here https://t.me/FastProfitsReport/263
With the series of gap-up on four consecutive days, the bulls are making the history and 18500CE writers covering might trigger the move to 19,000 levels. The current momentum trend change level is 18,050 below which bulls needs to be careful.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Last week we highlighted Nifty has broken out ascending triangle pattern and heading for 18,500+ levels but didn’t expected to be so expediently, that’s the bull market folks. Watch chart here https://t.me/FastProfitsReport/263
With the series of gap-up on four consecutive days, the bulls are making the history and 18500CE writers covering might trigger the move to 19,000 levels. The current momentum trend change level is 18,050 below which bulls needs to be careful.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily - Time to Trade Housing Finance Stocks
Housing Finance Stocks are offering a great short-term trading opportunity right now. Don't miss it.
http://www.eqtm.in/a7G3C
Housing Finance Stocks are offering a great short-term trading opportunity right now. Don't miss it.
http://www.eqtm.in/a7G3C
The D-street witnessed profit bookings; Nifty lost 0.32% while Midcap and Smallcap lost 2.2% and 1.7% respectively.
The multiple bearish candlestick patterns like Belt Hold and Engulfing cross on the daily chart of Nifty; the support of gap area of 18,350-18,445 needs to be protected by bulls else bears can test lower levels of 18,169-18,212.
Reversal candlestick patterns are also visible on Nifty 500, Midcap and Smallcap index charts; sign of cautious till we don’t hit new all-time high.
The technical structure of Bank Nifty signals cautious at 40,000 mark. Watch my Fast Profits Daily video tomorrow to know the technical setup.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The multiple bearish candlestick patterns like Belt Hold and Engulfing cross on the daily chart of Nifty; the support of gap area of 18,350-18,445 needs to be protected by bulls else bears can test lower levels of 18,169-18,212.
Reversal candlestick patterns are also visible on Nifty 500, Midcap and Smallcap index charts; sign of cautious till we don’t hit new all-time high.
The technical structure of Bank Nifty signals cautious at 40,000 mark. Watch my Fast Profits Daily video tomorrow to know the technical setup.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty falls for straight third day; ends at 18,178 losing 88pooints.
The multiple bearish candlestick pattern like belt hold, engulfing and three black crows are visible on daily chart of Nifty indicating the short-term top in place. The bearish structure would negate only on a close above 18,610.
Bank Nifty hits new all-time high and ends for the first time above 40,000 mark; outperforms Nifty in last few trading sessions.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The multiple bearish candlestick pattern like belt hold, engulfing and three black crows are visible on daily chart of Nifty indicating the short-term top in place. The bearish structure would negate only on a close above 18,610.
Bank Nifty hits new all-time high and ends for the first time above 40,000 mark; outperforms Nifty in last few trading sessions.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty slips below 18,000 marks but reclaims 18,200 before closing at 18,125 gaining 10points.
Index took support at the previous high of 17,947 and 21DEMA (Daily Exponential Moving Average) placed at 17,966.
The bulls are still in control ahead of monthly expiry this Thursday on Nifty.
Bank Nifty continue to lead the session by gaining 2.15%.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Index took support at the previous high of 17,947 and 21DEMA (Daily Exponential Moving Average) placed at 17,966.
The bulls are still in control ahead of monthly expiry this Thursday on Nifty.
Bank Nifty continue to lead the session by gaining 2.15%.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily - The Dollar says the Nifty could Rise
Can the dollar index tell us how the Nifty will move? Yes. Find out in this video...
http://www.eqtm.in/Ng4p9
Can the dollar index tell us how the Nifty will move? Yes. Find out in this video...
http://www.eqtm.in/Ng4p9
The last hour rush reclaims 18,300 on Nifty; ends the five days losing streak at 18,268 gaining 0.79%.
The bullish head and shoulder breakout is visible in today’s session at 18,245; bulls need to capitalize to hit new all-time high.
Pharma and Cements stocks should be on traders watchlist for second half of the week.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The bullish head and shoulder breakout is visible in today’s session at 18,245; bulls need to capitalize to hit new all-time high.
Pharma and Cements stocks should be on traders watchlist for second half of the week.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily - The Bulls are Still in Control of the Nifty
This is why I think the Nifty is still bullish despite the recent nervousness.
http://www.eqtm.in/c9N8L
This is why I think the Nifty is still bullish despite the recent nervousness.
http://www.eqtm.in/c9N8L
The markets traded on a flat note ahead of F&O expiry tomorrow; Nifty ends at 18,210 losing 0.31%.
Nifty is trading above the breakout and psychological level of 18,000 indicating the bulls are still in control of momentum.
The F&O expiry is likely to be in the range of 18,170-18,237 as indicated by derivative structure.
We have released the video on “Outlook of Nifty” in our Fast Profits Daily series. Watch here https://www.youtube.com/watch?v=gp51_lqrFTM
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty is trading above the breakout and psychological level of 18,000 indicating the bulls are still in control of momentum.
The F&O expiry is likely to be in the range of 18,170-18,237 as indicated by derivative structure.
We have released the video on “Outlook of Nifty” in our Fast Profits Daily series. Watch here https://www.youtube.com/watch?v=gp51_lqrFTM
Brijesh Bhatia
Research Analyst, Fast Profit Report
Bank Nifty - Reversal from Confluence of Support
The November series starts with the down tick taking out the weak bulls in the first 15mins of the day.
Index reversed from the confluence of support:
1. Fibonacci Channel at 23.60% retracement.
2. Ascending triangle breakout retest.
3. The Higher High - Higher Low structure indicates the bullish setup.
Today's low of 38,426 can be the deal-breaker for bulls. It may act as a support zone for November series.
If bear's want to capitalise from this 8% correction (from highs of 41,829), they will have to break 38,400 level; else it will be buy the dips market for bulls this Diwali.
#KeepItSimple
The November series starts with the down tick taking out the weak bulls in the first 15mins of the day.
Index reversed from the confluence of support:
1. Fibonacci Channel at 23.60% retracement.
2. Ascending triangle breakout retest.
3. The Higher High - Higher Low structure indicates the bullish setup.
Today's low of 38,426 can be the deal-breaker for bulls. It may act as a support zone for November series.
If bear's want to capitalise from this 8% correction (from highs of 41,829), they will have to break 38,400 level; else it will be buy the dips market for bulls this Diwali.
#KeepItSimple
The D-street bleed red this week as Nifty dips 2.45% to end at 17,671. This is the biggest weekly fall since Feb’21.
Should you buy this dip?
Yes! I believe the bullish trend is still intact and we are well above the 50DEMA and 200DEMA. Most of the benchmark indices are at support of 50DEMA with RSI just above an oversold level of 30 suggesting some accumulation opportunity.
Secondly, the Bullish Bat pattern is visible on chart with reversal zone of 17,580-17,634 where the 50DEMA support is placed.
Bank Nifty is trading at the confluence of support signalling the strength in the momentum. Read here https://t.me/FastProfitsReport/280
I believe the November series will belong to “Pharma” bulls. Hence, it should be on traders watchlist.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Should you buy this dip?
Yes! I believe the bullish trend is still intact and we are well above the 50DEMA and 200DEMA. Most of the benchmark indices are at support of 50DEMA with RSI just above an oversold level of 30 suggesting some accumulation opportunity.
Secondly, the Bullish Bat pattern is visible on chart with reversal zone of 17,580-17,634 where the 50DEMA support is placed.
Bank Nifty is trading at the confluence of support signalling the strength in the momentum. Read here https://t.me/FastProfitsReport/280
I believe the November series will belong to “Pharma” bulls. Hence, it should be on traders watchlist.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Chart of the Day: Nifty - Bullish Harmonic
Happy Diwali to You & Your Family!
The last couple of weeks have been bears ruling on the back of profits booking as the outperformer stocks corrected most from their highs.
Nifty too corrected over 5% from its all time high of 18,604 but it seems the pause to the bearish tone in this Diwali week.
The Bullish Bat harmonic reversal pattern is visible on charts with the reversal zone of 17,594-17,638. Index made the low of 17,613 and turned northwards confirming the reversal.
An "inside bar" pattern near the reversal signals the bears are tiring and any move above 17,765 confirms the reversal as per inside bar / bullish harami candlestick pattern.
RSI has slipped to ~22, the lowest since Feb'21 suggesting an end to bearish momentum.
#KeepItSimple
Happy Diwali to You & Your Family!
The last couple of weeks have been bears ruling on the back of profits booking as the outperformer stocks corrected most from their highs.
Nifty too corrected over 5% from its all time high of 18,604 but it seems the pause to the bearish tone in this Diwali week.
The Bullish Bat harmonic reversal pattern is visible on charts with the reversal zone of 17,594-17,638. Index made the low of 17,613 and turned northwards confirming the reversal.
An "inside bar" pattern near the reversal signals the bears are tiring and any move above 17,765 confirms the reversal as per inside bar / bullish harami candlestick pattern.
RSI has slipped to ~22, the lowest since Feb'21 suggesting an end to bearish momentum.
#KeepItSimple
Fast Profits Daily
Bank Nifty - Reversal from Confluence of Support The November series starts with the down tick taking out the weak bulls in the first 15mins of the day. Index reversed from the confluence of support: 1. Fibonacci Channel at 23.60% retracement. 2. Ascending…
Updated Chart: Bank Nifty
The Diwali begins with the fireworks on D-street as Nifty gains 1.46% to end the day at 17,929.
The bullish harmonic pattern with 50DMA (Daily Moving Average) acted as support and reversal indicating the short term bottom in place. Watch chart here https://t.me/FastProfitsReport/282
Index is expected to continue it bullish momentum towards 18,190-18,365 in next few sessions.
What are the best 2 sectors you will invest in Samvat 2078?
I will share my Best 2 sectors in tomorrow’s Fast Profits Videos. Follow us on https://www.youtube.com/user/eqtmonline
Brijesh Bhatia
Research Analyst, Fast Profit Report
The bullish harmonic pattern with 50DMA (Daily Moving Average) acted as support and reversal indicating the short term bottom in place. Watch chart here https://t.me/FastProfitsReport/282
Index is expected to continue it bullish momentum towards 18,190-18,365 in next few sessions.
What are the best 2 sectors you will invest in Samvat 2078?
I will share my Best 2 sectors in tomorrow’s Fast Profits Videos. Follow us on https://www.youtube.com/user/eqtmonline
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily - My Top 2 Sectors for Samvat 2078
In this video, I'll share with you my best trading ideas for the coming year.
http://www.eqtm.in/s9SFb
In this video, I'll share with you my best trading ideas for the coming year.
http://www.eqtm.in/s9SFb
Happy Dhanteras!
The markets traded in the range on Dhanteras; Nifty ends at 17,888 losing 0.23% while Midcap and Smallcap ends in green.
As we are about to step in Samvat 2078, I have shared my best 2 sectors to invest. Watch here https://www.youtube.com/watch?v=A64ZiARWAfk Do not forget to comment your best 2 sectors.
The technical structure of Nifty continue to remain bullish and we believe buying the dips is best strategy this Diwali.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The markets traded in the range on Dhanteras; Nifty ends at 17,888 losing 0.23% while Midcap and Smallcap ends in green.
As we are about to step in Samvat 2078, I have shared my best 2 sectors to invest. Watch here https://www.youtube.com/watch?v=A64ZiARWAfk Do not forget to comment your best 2 sectors.
The technical structure of Nifty continue to remain bullish and we believe buying the dips is best strategy this Diwali.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily - Should You Invest in Gold this Diwali?
In this video, I'll show you the best time to buy gold this festive season.
http://www.eqtm.in/Xd37P
In this video, I'll show you the best time to buy gold this festive season.
http://www.eqtm.in/Xd37P