The lethargic momentum ahead of Diwali after the gap-up opening; Nifty ends at 17,512 gaining 0.14%.
Option Writers are having a gala time as Nifty trades in the range of 17,400-17,600; either side range breakout can trigger the 100-150 points move on expiry day tomorrow.
Bank Nifty may hover in the range of 40,240-40,790 tomorrow; writers can look for a short strangle if the index opens within the range.
Brijesh Bhatia
Research Analyst, Fast Profit Report
Option Writers are having a gala time as Nifty trades in the range of 17,400-17,600; either side range breakout can trigger the 100-150 points move on expiry day tomorrow.
Bank Nifty may hover in the range of 40,240-40,790 tomorrow; writers can look for a short strangle if the index opens within the range.
Brijesh Bhatia
Research Analyst, Fast Profit Report
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RESULTS TODAY
NIFTY COMPANY
ASIAN PAINTS
AXIS BANK
BAJAJ FINANCE
ITC
TATA CONSUMER
F&O
CANARA BANK
COFORGE
COLGATE
GRANULES
IEX
INDIAMART
L&T FIN HOLDINGS
MPHASIS
UBL
DIXON
NIFTY COMPANY
ASIAN PAINTS
AXIS BANK
BAJAJ FINANCE
ITC
TATA CONSUMER
F&O
CANARA BANK
COFORGE
COLGATE
GRANULES
IEX
INDIAMART
L&T FIN HOLDINGS
MPHASIS
UBL
DIXON
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Nifty - Can Bulls seize the Opportunity?
This week has been the options writer's game after the gap-up or gap-down opening.
The index has opened at the retest of the breakout level of 17,430.
The golden cross on the hourly chart signals the bullish momentum.
Gap area strengthens the bullish setup for low-risk - high-reward entry.
The pattern would negate the hourly close below 17,289.
(CMP-17,435)
#Nifty
#KeepItSimple
This week has been the options writer's game after the gap-up or gap-down opening.
The index has opened at the retest of the breakout level of 17,430.
The golden cross on the hourly chart signals the bullish momentum.
Gap area strengthens the bullish setup for low-risk - high-reward entry.
The pattern would negate the hourly close below 17,289.
(CMP-17,435)
#Nifty
#KeepItSimple
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Fast Profits Daily
Nifty - Can Bulls seize the Opportunity? This week has been the options writer's game after the gap-up or gap-down opening. The index has opened at the retest of the breakout level of 17,430. The golden cross on the hourly chart signals the bullish momentum.…
Nifty - 17,435 to 17,500
Yet another day for Options Writer's 📈📉
What's your Expiry Level?
👍 Expiry around 17,600
👎 Expiry around 17,400
❤️ Expiry around 17,500
Yet another day for Options Writer's 📈📉
What's your Expiry Level?
👍 Expiry around 17,600
👎 Expiry around 17,400
❤️ Expiry around 17,500
❤77👍53👎33
Fast Profits Daily
Nifty - Can Bulls seize the Opportunity? This week has been the options writer's game after the gap-up or gap-down opening. The index has opened at the retest of the breakout level of 17,430. The golden cross on the hourly chart signals the bullish momentum.…
Did you seize the opportunity Traders?
Nifty 17,435 to 17,580
Nifty 17,435 to 17,580
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It’s the options writer’s weekly expiry as Nifty hovers around 17,500; gains the last hour to settle at 17,563.
The bulls are in control of the trend as index reversed from the demand zone of 17,430 on Nifty; all eyes are on 17,800 for tomorrow.
After Nifty50 and Nifty500, it’s time for SmallCap Index to break out from the hurdle with the gap. The move above 9,715 will confirm the breakout and resumption of the bullish trend.
IT index is showing strength as it gains 1.33% today. What are you buying – Largecap or Midcap?
I did a video yesterday with our proprietary Equal Weighted Largecap IT index and Equal Weighted Midcap IT Index. Watch here
I will be sharing my Diwali Picks tomorrow. Stay tuned!
Brijesh Bhatia
Research Analyst, Fast Profit Report
The bulls are in control of the trend as index reversed from the demand zone of 17,430 on Nifty; all eyes are on 17,800 for tomorrow.
After Nifty50 and Nifty500, it’s time for SmallCap Index to break out from the hurdle with the gap. The move above 9,715 will confirm the breakout and resumption of the bullish trend.
IT index is showing strength as it gains 1.33% today. What are you buying – Largecap or Midcap?
I did a video yesterday with our proprietary Equal Weighted Largecap IT index and Equal Weighted Midcap IT Index. Watch here
I will be sharing my Diwali Picks tomorrow. Stay tuned!
Brijesh Bhatia
Research Analyst, Fast Profit Report
👍30❤5
Media is too big
VIEW IN TELEGRAM
Time to focus on SMALLCAP Index 📈
After the breakout in Nifty50 and Nifty500, the SmallCap index is on the verge of breaking out from the minor hurdle at the previous high of ~9,700.
It is convincingly trading above the 200DEMA and the bullish momentum may accelerate above the breakout level of the 9,750-9,780 zone.
I have decoded the chart pattern of SmallCap index and its performance against the Nifty50.
Watch the video to know the target levels of SmallCap Index.
(CMP-9,685)
#SmallCapIndex
#KeepItSimple
After the breakout in Nifty50 and Nifty500, the SmallCap index is on the verge of breaking out from the minor hurdle at the previous high of ~9,700.
It is convincingly trading above the 200DEMA and the bullish momentum may accelerate above the breakout level of the 9,750-9,780 zone.
I have decoded the chart pattern of SmallCap index and its performance against the Nifty50.
Watch the video to know the target levels of SmallCap Index.
(CMP-9,685)
#SmallCapIndex
#KeepItSimple
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Forwarded from Equitymaster
Here’s something to add to your "viewing” list this holiday season...
The most interesting (and popular) investor hour videos so far...
Saurabh Mukherjea on Investing, Life, Family and Fraud
Ramesh Damani on Compounding, Making Rs 100 Crores, Next Stock Market Leaders
S Naren on Finding the Right Stocks to Own
Samit Vartak on Picking the Right Stocks and Outlook for India
Pankaj Tibrewal on Constructing the Best Portfolio and Why It’s Time to Bet on India
Manish Sabharwal on India’s 25-Year Economic Bull Run
Here's a link to the entire investor hour playlist if you would like to take a look at the entire roster of guests so far...
Happy Watching.
Happy Learning.
Happy Dhanteras and Happy Diwali!
The most interesting (and popular) investor hour videos so far...
Saurabh Mukherjea on Investing, Life, Family and Fraud
Ramesh Damani on Compounding, Making Rs 100 Crores, Next Stock Market Leaders
S Naren on Finding the Right Stocks to Own
Samit Vartak on Picking the Right Stocks and Outlook for India
Pankaj Tibrewal on Constructing the Best Portfolio and Why It’s Time to Bet on India
Manish Sabharwal on India’s 25-Year Economic Bull Run
Here's a link to the entire investor hour playlist if you would like to take a look at the entire roster of guests so far...
Happy Watching.
Happy Learning.
Happy Dhanteras and Happy Diwali!
YouTube
Saurabh Mukherjea on Investing, Life, Family and Fraud | Saurabh Mukherjea | Investor Hour
Get free access to our latest research idea instantly. Visit: http://www.eqtm.in/i7D9C
This week, the CEO of Equitymaster Rahul Goel talks to Saurabh Mukherjea, arguably one of
India’s best known money managers.
In this fascinating episode Saurabh reveals…
This week, the CEO of Equitymaster Rahul Goel talks to Saurabh Mukherjea, arguably one of
India’s best known money managers.
In this fascinating episode Saurabh reveals…
👍11
On this Dhanteras, pleasure to share the vision of Shri Jamsetji Tata & Swami Vivek Vivekanada in 1890s.
#Education 📚🖋 is the Best Dhan u cn Gift 💰
Happy Dhanteras 💰
(Image from book- The Tata Group by Shashank Shah
#Education 📚🖋 is the Best Dhan u cn Gift 💰
Happy Dhanteras 💰
(Image from book- The Tata Group by Shashank Shah
👍19❤6👏3
Nifty – Err on the side of Caution
As highlighted in the video on 14th October for the Diwali target of 17,800 on Nifty, we almost hit it! Video
After the stellar rally from ~17,000 levels to ~17,800 levels, traders should not start tossing caution to the winds and gambling everything they earned.
The Bearish Harmonic
The index is approaching the bearish bat pattern's probable reversal zone (PRZ) at 17,890-17,945.
The reversal from the PRZ can take the index below 17,500 levels while the pattern would negate above 18,100 levels.
As a trader, I suggest booking profits on index longs around 17,900 levels.
#Nifty
#KeepItSimple
As highlighted in the video on 14th October for the Diwali target of 17,800 on Nifty, we almost hit it! Video
After the stellar rally from ~17,000 levels to ~17,800 levels, traders should not start tossing caution to the winds and gambling everything they earned.
The Bearish Harmonic
The index is approaching the bearish bat pattern's probable reversal zone (PRZ) at 17,890-17,945.
The reversal from the PRZ can take the index below 17,500 levels while the pattern would negate above 18,100 levels.
As a trader, I suggest booking profits on index longs around 17,900 levels.
#Nifty
#KeepItSimple
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BankNifty - The Bearish Patterns 📉
The index is reversing after completing the Bearish Bat Harmonic pattern at ~41,500.
The bearish belt-hold candlestick pattern on the hourly chart confirms the reversal.
Traders can look for a short-on-rise strategy till 41,630 is not taken out by bulls.
(CMP-41,200)
#BankNifty
#KeepItSimple
The index is reversing after completing the Bearish Bat Harmonic pattern at ~41,500.
The bearish belt-hold candlestick pattern on the hourly chart confirms the reversal.
Traders can look for a short-on-rise strategy till 41,630 is not taken out by bulls.
(CMP-41,200)
#BankNifty
#KeepItSimple
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