IT Index - The Trend Spoiler 📉

Hope the Videos are helping and you are not Buying it!

Here's a super interesting weekend watching video for you...

The latest edition of the Investor Hour. Our guest this week is Samit Vartak.

Here's more on this episode...

Samit Vartak’s journey to becoming one of the top money managers in India is fascinating.

A chance encounter with a friend, the stock market bubble of the late 90s and a consulting job converted him from a small town person who could not even speak English, into what he has become today.

A very successful erudite fund manager. Samit and I talk about the importance of picking the right “businesses” to invest in, about India’s strengths and also his thoughts on dealing with wealth he has generated.

Watch here - https://youtu.be/yQp7dT6pKyw

Happy Learning!

Daily Pre-Market Analysis - 19th September | Nifty - 17,640, The Decider | Bank Nifty - Buy at... |

SGX Nifty Live @ 17,590

Have a Profitable Day 📈💰

#PreMarketAnalysis #KeepItSimple

https://youtu.be/-Enj_a7uRCI

Nifty - The Gap playing their cards 😊

What is your trading plan?
👍🏻 Buying
👎🏻 Selling
❤️ Just Watching

After the market sell-off on Friday, the bears seem lacking momentum; the Nifty reversed after the first-hour selling to end at 17,622.

The index took support at the gap area of 17,385-17,485 to hit the high of 17,667 indicating the gap is playing its card. Watch the chart here https://t.me/FastProfitsReport/838

Bank Nifty is holding the bulls as it outperforms against Nifty50; the Bank Nifty / Nifty50 ratio hits an 18months high of 2.35.

PSU Bank Index continue to lead the rally as the Bullish Rising Three Candlestick pattern is visible on the chart; trading at 3years high.

Brijesh Bhatia
Research Analyst, Fast Profit Report

Daily Pre-Market Analysis - 20th September | Nifty - The Gap-up Opening | Bank Nifty | PSU Bank Index |

SGX Nifty Live @ 17,770

Have a Profitable Day 💰📈

#PreMarketAnalysis #KeepItSimple

https://youtu.be/n04l4Fdi9O8

Nifty - Rise to the Challenge Bulls!

The index reversed from the gap support area yesterday and the follow-up momentum with gap-up opening prolonged in today's first hour indicates the bulls are in control of the momentum.

But...The Hurdle

As the gap area played the support for bulls, the same pattern gap at the upper level may also play a hurdle.

In the Daily Pre-Market Analysis video released today morning, I highlighted this structure of resistance for intraday traders.

Nifty is trading at 17,850 and the bulls need to take the challenge to cross the hurdle of 17,875 for reclaiming the 18,000 levels.

Can bulls do it?

If not, the retest of 17,715 can be on cards in intraday levels if bulls fail to cross the hurdle.
(CMP-17,850)

#Nifty
#KeepItSimple

The bulls are controlling the markets as every dip is bought aggressively. Nifty from Friday’s sell-off, the weak hands are taken out as it dips below the previous swing low of 17,484 to 17,429.

The price on the charts is scar as the gap area of 17,385-17,485 is acting as a demand zone. The Relative Strength Index (RSI) convergence with the Nifty at the low of 17,429 marks an important low for traders.

Traders can buy the dips on the Nifty till it holds 17,400 levels. The momentum may accelerate on the breach of 18,150.

Bank Nifty is leading the way for markets as it hits the new all-time high of 41,840. The leadership is likely to continue in October series too.

Brijesh Bhatia
Research Analyst, Fast Profit Report

S&P500 - The Bullish Harmonic pattern indicates the sign of reversal.

The pattern negates below 3820.
(CMP-3862, Down 38pts)

Can S&P500 Close in Positive today?
👍 Yes
👎 No

Daily Pre-Market Analysis - 21st September | Fed Rate | Dow Jones | Nifty | Energy - An Emerging Leader |

SGX Nifty Live @ 17,720

Have a Profitable Day 📈💰

#PreMarketAnalysis #KeepItSimple

https://youtu.be/XD_DL4yrgk4

Nifty & BankNifty @ Gap Support

Nifty - Support - 17,744-17,660
Bank Nifty Support - 41,207-40,982

Bears - Is it done for the day?

#Nifty Low - 17,667
#BankNifty Low - 40,951

Nifty - 17750+
BankNifty - 41200+

James Powell: US Federal Reserve raised interest rates by 75bps.
#FOMC

Daily Pre-Market Analysis - 22nd September | Nifty Prediction | Dollar Index & Indian Rupee | FOMC |

SGX Nifty Live @ 17,575

Have a Profitable Day 📈💰

#PreMarketAnalysis #KeepItSimple

https://youtu.be/hLMxEXKba9U

Daily Pre-Market Analysis - 23rd September | Forget Nifty - Trade This... | USDINR | Bank Nifty |

SGX Nifty Live @ 17,560

#PreMarketAnalysis #KeepItSimple

https://youtu.be/dKP68IHjoKk

Nifty - 17,400, The Laxman Rekha

An index is trading at the crucial juncture of an Ending-Diagonal / Bearish Wedge pattern with a breakdown level below the previous low of 17.429.

The 23.60% Fibonacci retracement of 15,183-18,096 is placed at 17,408.

The bulls need to protect the Laxman-rekha level of 17,400.

The breakdown may shatter the hopes of new-all time highs and we may follow the Dow Jones way.
(CMP-17,470)

#Nifty
#KeepItSimple