Fast Profits Daily
Fast Profits Daily - Buy Banking Stocks Ahead of the Budget This is why the Bank Nifty looks strong ahead of the budget. http://www.eqtm.in/k4N2P
Bank Nifty is outperforming Nifty by huge margin ahead of Union Budget.
Watch the trading setup on Bank Nifty ☝🏻
Watch the trading setup on Bank Nifty ☝🏻
Fast Profits Daily pinned «Predict Close of Nifty in Union Budget Week (Close of 4th February) {CMP-17000}»
Fast Profits Daily
Nifty - Buying the Weakness @ Reversal Pattern After the sell-off from 18,350 to 16,836, we witness the sharp recovery in Tuesday's trading session forming bullish piercing candlestick pattern on daily chart. On intraday charts (15mins), the multiple bullish…
Woo Hoo! Nifty over 350+ points up from reversal zone
The D-street ends in red for consecutive weeks; Nifty lost 2.92% to end at 17,101 ahead of Union Budget week.
The bullish harmonic pattern followed by bullish candlestick pattern indicates the recent low 16,836 may hold strong for Union Budget.
Bank Nifty is consistently outperforming against the Nifty in January signalling an outperformance may prolong post Union Budget like it did in 2021. Watch video here https://www.youtube.com/watch?v=Bj43Ex2zXws&t=5s
Brijesh Bhatia
Research Analyst, Fast Profit Report
The bullish harmonic pattern followed by bullish candlestick pattern indicates the recent low 16,836 may hold strong for Union Budget.
Bank Nifty is consistently outperforming against the Nifty in January signalling an outperformance may prolong post Union Budget like it did in 2021. Watch video here https://www.youtube.com/watch?v=Bj43Ex2zXws&t=5s
Brijesh Bhatia
Research Analyst, Fast Profit Report
Fast Profits Daily - Buy these Stocks After the Union Budget
Watch out for these stocks during the union budget.
http://www.eqtm.in/Qb9y3
Watch out for these stocks during the union budget.
http://www.eqtm.in/Qb9y3
Bulls are back at open but market trades in a range ahead of Union Budget; Nifty gains 1.4% to settle at 17,339.
The bulls are protecting 17,000 levels but need to surpass 50DMA convincingly which is placed at 17,427 for the momentum to head towards 18,000 levels.
The slope of Relative Strength Index is turning northwards from buying zone indicating the bulls are having an upper hand on bullish momentum.
Investors and Traders should grab an opportunity in this dip and buy these stocks post budget. Watch the stock list here https://www.youtube.com/watch?v=BZgyweJeB3Y&t=2s
Brijesh Bhatia
Research Analyst, Fast Profit Report
The bulls are protecting 17,000 levels but need to surpass 50DMA convincingly which is placed at 17,427 for the momentum to head towards 18,000 levels.
The slope of Relative Strength Index is turning northwards from buying zone indicating the bulls are having an upper hand on bullish momentum.
Investors and Traders should grab an opportunity in this dip and buy these stocks post budget. Watch the stock list here https://www.youtube.com/watch?v=BZgyweJeB3Y&t=2s
Brijesh Bhatia
Research Analyst, Fast Profit Report
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Fast Profits Daily
Fast Profits Daily - Buy Banking Stocks Ahead of the Budget This is why the Bank Nifty looks strong ahead of the budget. http://www.eqtm.in/k4N2P
Updated Chart: BankNifty to Nifty Ratio chart
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The momentum takes a pause on weekly derivatives expiry day; Nifty tests 17,500, ends at 17,560 losing 1.24%.
Nifty reverse from the 61.80% Fibonacci retracement of 18,350 to 16,836 as heavy weights like HDFC, Infy, Tech Mahindra and Reliance plunge by 1-3%.
Banks continue to outperform over Nifty as the bullish head and shoulder pattern on the ratio chart indicates the longs in BankNifty. Index holds the key psychological level of 39,000; bulls are eyeing the momentum towards 40,000 levels.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Nifty reverse from the 61.80% Fibonacci retracement of 18,350 to 16,836 as heavy weights like HDFC, Infy, Tech Mahindra and Reliance plunge by 1-3%.
Banks continue to outperform over Nifty as the bullish head and shoulder pattern on the ratio chart indicates the longs in BankNifty. Index holds the key psychological level of 39,000; bulls are eyeing the momentum towards 40,000 levels.
Brijesh Bhatia
Research Analyst, Fast Profit Report
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Fast Profits Daily - Is this the Beginning of the End for IT Stocks?
Is it time to sell your IT stocks? Let's find out...
http://www.eqtm.in/p6J9H
Is it time to sell your IT stocks? Let's find out...
http://www.eqtm.in/p6J9H
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Fast Profits Daily - Fear is Taking Over D-Street
This is why fear has returned to Dalal Street.
http://www.eqtm.in/x9Z7K
This is why fear has returned to Dalal Street.
http://www.eqtm.in/x9Z7K
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The momentums is back in the bull’s court as Nifty takes support at psychological level of 17,000; ends at 17,463.80 gaining 1.14%.
The bullish Cypher harmonics pattern is visible on charts which targets the momentum towards 17,816-17,930 zone.
Metals index breaks 110days range and hits high of 6,001; on bulls radar for next couple of weeks.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The bullish Cypher harmonics pattern is visible on charts which targets the momentum towards 17,816-17,930 zone.
Metals index breaks 110days range and hits high of 6,001; on bulls radar for next couple of weeks.
Brijesh Bhatia
Research Analyst, Fast Profit Report
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The volatile week ends on a negative note on D-street; Nifty ends at 17,374 losing 0.81% for the week.
An evening-star candlestick pattern is visible on daily chart of Nifty, trades in the symmetrical triangle pattern.
Index is likely to trade in the range of 17,000-17,650 in the next week; either side breakout can see volatility expansion.
Brijesh Bhatia
Research Analyst, Fast Profit Report
An evening-star candlestick pattern is visible on daily chart of Nifty, trades in the symmetrical triangle pattern.
Index is likely to trade in the range of 17,000-17,650 in the next week; either side breakout can see volatility expansion.
Brijesh Bhatia
Research Analyst, Fast Profit Report
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Nifty - The Valentine's Red Day
It's the bear's valentine gift to bull's as SGX indicates the negative opening of over 200pts.
Index is trading in symmetrical triangle structure with lower band support placed at 17,135 (marked black on chart).
Additionally, the trendline connected from the lows of December 2021 to January 2022 suggests the support at 17,040 (marked red on chart).
If bulls manage to hold the support zone, we may expect the momentum shifting back in the bull's favor for the romantic candlelight dinner on valentine's day.
Keep watch on 17,040-17,135 support band for the day.
The break below the support zone will accelerate the bearish momentum.
#KeepItSimple
It's the bear's valentine gift to bull's as SGX indicates the negative opening of over 200pts.
Index is trading in symmetrical triangle structure with lower band support placed at 17,135 (marked black on chart).
Additionally, the trendline connected from the lows of December 2021 to January 2022 suggests the support at 17,040 (marked red on chart).
If bulls manage to hold the support zone, we may expect the momentum shifting back in the bull's favor for the romantic candlelight dinner on valentine's day.
Keep watch on 17,040-17,135 support band for the day.
The break below the support zone will accelerate the bearish momentum.
#KeepItSimple
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Fast Profits Daily - Bull Market in Metal Stocks
This is why I'm still bullish on metal stocks.
http://www.eqtm.in/n9EZd
This is why I'm still bullish on metal stocks.
http://www.eqtm.in/n9EZd
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It’s the Bear’s Valentine’s Day as Nifty ends below 17,000 for the first time in 2022; ends at 16,842 losing 3.06%.
The geo-political tension over Russia and Ukraine war and rising Crude oil prices increase fear on D-street which lead to sell-off in markets.
The Fear & Greed indicator has slipped into the Fear zone for the first time since August 2020 on monthly scale.
On short-term chart, index has broken-out of symmetrical triangle on the lower side indicating the bearish momentum to continue in for few trading sessions. Watch chart here https://t.me/FastProfitsReport/396
Nifty500 closes below the 200DMA (14,402) after 577 days – last close was in July 2020. Nifty50 is near the 200DMA which is placed at 16,798.
Brijesh Bhatia
Research Analyst, Fast Profit Report
The geo-political tension over Russia and Ukraine war and rising Crude oil prices increase fear on D-street which lead to sell-off in markets.
The Fear & Greed indicator has slipped into the Fear zone for the first time since August 2020 on monthly scale.
On short-term chart, index has broken-out of symmetrical triangle on the lower side indicating the bearish momentum to continue in for few trading sessions. Watch chart here https://t.me/FastProfitsReport/396
Nifty500 closes below the 200DMA (14,402) after 577 days – last close was in July 2020. Nifty50 is near the 200DMA which is placed at 16,798.
Brijesh Bhatia
Research Analyst, Fast Profit Report
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Fast Profits Daily - Profit from Market Trends with this Proven Trading Technique
How do you navigate the volatile trends in the market?
http://www.eqtm.in/j6E9B
How do you navigate the volatile trends in the market?
http://www.eqtm.in/j6E9B
The bulls and bears traders are jigged out in the volatility; Nifty gains 3% to end at 17,352 after the 3% fall yesterday.
The power of 200DMA acted as supported for Nifty which was placed at 16,798. The break of 50DMA (17,465) and the resistance of 17,535 will accelerate the momentum for bulls; till then it will be the rangebound markets with high volatility.
Traders should stay away from such kind of volatility while investors can accumulate the quality stocks using the Proven Technical Techniques. Watch video here https://www.youtube.com/watch?v=bXFKzpPtcTE
Brijesh Bhatia
Research Analyst, Fast Profit Report
The power of 200DMA acted as supported for Nifty which was placed at 16,798. The break of 50DMA (17,465) and the resistance of 17,535 will accelerate the momentum for bulls; till then it will be the rangebound markets with high volatility.
Traders should stay away from such kind of volatility while investors can accumulate the quality stocks using the Proven Technical Techniques. Watch video here https://www.youtube.com/watch?v=bXFKzpPtcTE
Brijesh Bhatia
Research Analyst, Fast Profit Report
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Private Bank vs PSU Bank?
PSU Bk Index is outperforming against the Private Bk Index since Sept 2021.
Should you continue holding PSU or shift to all-time favourite Private banks?
After the sharp rally in the markets yesterday, we are witnessing bullish reversal in Private index as well as in Bank Nifty which has over 86% weightage from pvt banks.
The Bullish Harmonic pattern (marked blue) on private bank index confirms the reversal but it is facing resistance in the gap area (marked magenta). The resistance of falling channel (marked red) is placed at 19,800 which if taken out, we may witness a stellar rally.
I analysed the ratio chart of PSU Bk Index vs Private Bk Index to check the strength of the performance of PSU over Private and was stunned to see the pattern.
The bearish harmonic pattern is visible on the ratio chart indicating an end of an outperformance of PSU over Pvt Bk.
Once the Pvt Bk index breaks above 19,800, it is advisable to book profits in PSU and shift to Pvt Banks.
#KeepItSimple
PSU Bk Index is outperforming against the Private Bk Index since Sept 2021.
Should you continue holding PSU or shift to all-time favourite Private banks?
After the sharp rally in the markets yesterday, we are witnessing bullish reversal in Private index as well as in Bank Nifty which has over 86% weightage from pvt banks.
The Bullish Harmonic pattern (marked blue) on private bank index confirms the reversal but it is facing resistance in the gap area (marked magenta). The resistance of falling channel (marked red) is placed at 19,800 which if taken out, we may witness a stellar rally.
I analysed the ratio chart of PSU Bk Index vs Private Bk Index to check the strength of the performance of PSU over Private and was stunned to see the pattern.
The bearish harmonic pattern is visible on the ratio chart indicating an end of an outperformance of PSU over Pvt Bk.
Once the Pvt Bk index breaks above 19,800, it is advisable to book profits in PSU and shift to Pvt Banks.
#KeepItSimple
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