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
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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…
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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
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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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The index opened higher but ended in red after the Muhurat Trading; Nifty ended at 17,656 losing 0.42%.
The multiple bearish candlestick patterns are witnessed on the daily chart – Bearish Belt Hold and Bearish Engulfing signaling the reversal on cards.
As per Astro analysis, the solar eclipse is marked as the reversal day. The bearish candlestick duo adds fuel to Astro analysis.
The bearish bat harmonic pattern is visible on the short-term chart of Bank Nifty indicating the bearish expiry on Thursday. Read here
Infra is likely to be the Sector of the Month for November. I decoded the chart. Watch here
Brijesh Bhatia
Research Analyst, Fast Profit Report
The multiple bearish candlestick patterns are witnessed on the daily chart – Bearish Belt Hold and Bearish Engulfing signaling the reversal on cards.
As per Astro analysis, the solar eclipse is marked as the reversal day. The bearish candlestick duo adds fuel to Astro analysis.
The bearish bat harmonic pattern is visible on the short-term chart of Bank Nifty indicating the bearish expiry on Thursday. Read here
Infra is likely to be the Sector of the Month for November. I decoded the chart. Watch here
Brijesh Bhatia
Research Analyst, Fast Profit Report
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Forwarded from Equitymaster
This Diwali week, I invested in... (Check all that apply)
Final Results
75%
Equities
14%
Equity Funds
4%
Global Equities
6%
FDs / Bonds
3%
Debt Funds
20%
Gold / Silver
4%
Property
2%
Cryptos
6%
Others
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Fast Profits Daily
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…
SGX Nifty indicating the opening around 17,900.
The PRZ of 17,890-17,945 will be interesting to watch in the first hour.
Bulls needs to be cautious in this range. Any bearish action can take index towards 17,500 levels.
Derivative Structure signals the major hurdle at 18,000 levels.
#ExpiryDay volatility is expected and both side swings can be on cards.
#Nifty
#KeepItSimple
The PRZ of 17,890-17,945 will be interesting to watch in the first hour.
Bulls needs to be cautious in this range. Any bearish action can take index towards 17,500 levels.
Derivative Structure signals the major hurdle at 18,000 levels.
#ExpiryDay volatility is expected and both side swings can be on cards.
#Nifty
#KeepItSimple
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