Forwarded from Fast Profits Daily
BankNifty - Bulls need to protect 43,500 ⚔️
BankNifty is hovering between 44,100-43,500 this week and it's time for bulls to roll up their sleeves for the imperative task of protecting the crucial level of 43,500.
An ascending triangle breakout, retest and resumption in the bullish momentum is the sign of a bullish trend, but...
The bulls lack strength in bullish momentum as bears are aggressive around the key psychological level of 44,000 and an all-time high of 44,151.
The 50HEMA too is acting as a support zone. The support line of the triangle pattern and 50HEMA is placed in the range of 43,600-43700.
By successfully defending this level, the bulls can uphold the positive momentum and sustain the upward trajectory in the index.
(CMP-43,800)
#BankNifty
#KeepItSimple
BankNifty is hovering between 44,100-43,500 this week and it's time for bulls to roll up their sleeves for the imperative task of protecting the crucial level of 43,500.
An ascending triangle breakout, retest and resumption in the bullish momentum is the sign of a bullish trend, but...
The bulls lack strength in bullish momentum as bears are aggressive around the key psychological level of 44,000 and an all-time high of 44,151.
The 50HEMA too is acting as a support zone. The support line of the triangle pattern and 50HEMA is placed in the range of 43,600-43700.
By successfully defending this level, the bulls can uphold the positive momentum and sustain the upward trajectory in the index.
(CMP-43,800)
#BankNifty
#KeepItSimple
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Stock Market Update - Sensex Today Trades Lower | Gland Pharma Tanks 13%, Adani Total Gas 5% | ITC & Titan Top Losers
Indian share markets are trading on a negative note with the Sensex trading 101 points lower, while the Nifty is trading lower by 45 points.
http://www.eqtm.in/La69A
Indian share markets are trading on a negative note with the Sensex trading 101 points lower, while the Nifty is trading lower by 45 points.
http://www.eqtm.in/La69A
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Check Out This Investing Strategy
This Strategy is doing well in this market.
Better Than Value Investing
Here’s an extract…
Value investing believes in buying stocks trading at 52-week lows. Momentum investors love 52-week highs.
Although I’m a hard-core value investor, I don’t mind trying out other investing strategies.
Especially if these other strategies are proven and have a very long history. This is where momentum investing fits the bill perfectly.
Read on for more…
http://www.eqtm.in/Ji2z7
This Strategy is doing well in this market.
Better Than Value Investing
Here’s an extract…
Value investing believes in buying stocks trading at 52-week lows. Momentum investors love 52-week highs.
Although I’m a hard-core value investor, I don’t mind trying out other investing strategies.
Especially if these other strategies are proven and have a very long history. This is where momentum investing fits the bill perfectly.
Read on for more…
http://www.eqtm.in/Ji2z7
Stock Market Update - Sensex Today Gains 298 Points, Nifty Ends Above 18,200 | Tata Motors Up 3% | NTPC & ONGC Top Gainers
Indian share markets end on a positive note. The BSE Sensex gained 297 points while the Nifty ended above 18,200.
http://www.eqtm.in/x3MWc
Indian share markets end on a positive note. The BSE Sensex gained 297 points while the Nifty ended above 18,200.
http://www.eqtm.in/x3MWc
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Why Divis Lab Share Price is Falling
Shares of the company have remained under pressure in anticipation of weak Q4 results. Find out how the pharma company actually performed and what lies ahead.
http://www.eqtm.in/Ww24H
Shares of the company have remained under pressure in anticipation of weak Q4 results. Find out how the pharma company actually performed and what lies ahead.
http://www.eqtm.in/Ww24H
Why Laxmi Organic Share Price is Falling
Laxmi Organic shares continue their downward slide in 2023, tumbling around 7% in five days. More downtrend?
Laxmi Organic Stock Falls
Here’s an extract…
Laxmi Organic Industries, an Indian specialty chemical company, has experienced a significant decline in its share price, extending its downtrend for the sixth consecutive session on 19 May 2023.
Over the past five days alone, the stock has fallen around 8%.
As a result, Laxmi Organic Industries has suffered a loss of more than 16% in its share price since the beginning of 2023.
Here is what triggered the recent fall.
http://www.eqtm.in/e9DLz
Laxmi Organic shares continue their downward slide in 2023, tumbling around 7% in five days. More downtrend?
Laxmi Organic Stock Falls
Here’s an extract…
Laxmi Organic Industries, an Indian specialty chemical company, has experienced a significant decline in its share price, extending its downtrend for the sixth consecutive session on 19 May 2023.
Over the past five days alone, the stock has fallen around 8%.
As a result, Laxmi Organic Industries has suffered a loss of more than 16% in its share price since the beginning of 2023.
Here is what triggered the recent fall.
http://www.eqtm.in/e9DLz
Why SBI Share Price is Falling
After reporting highest ever quarterly profit, shares of SBI have encountered a roadblock due to these reasons.
http://www.eqtm.in/m8FKi
After reporting highest ever quarterly profit, shares of SBI have encountered a roadblock due to these reasons.
http://www.eqtm.in/m8FKi
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Forwarded from Fast Profits Daily
Dow Jones - Trapped in the Middle 📈📉
DJIA is trending in the broadening triangle or megaphone technical pattern.
Index managed to form a higher low with the bullish reversal candlestick pattern belt-hold at the key psychological level of 33,000.
The trendline breakout (green) is followed by a bearish reversal candlestick pattern called a dark-cloud cover signalling an indecisive for bulls and bears.
The break of the 32,900-33,737 range will serve as a crucial confirmation for further momentum in the market. Until that point, traders may find themselves engaged in range trading.
Traders should wait for this break to guide their strategies and capitalize on the subsequent price movement that may unfold.
#DowJones
#KeepItSimple
DJIA is trending in the broadening triangle or megaphone technical pattern.
Index managed to form a higher low with the bullish reversal candlestick pattern belt-hold at the key psychological level of 33,000.
The trendline breakout (green) is followed by a bearish reversal candlestick pattern called a dark-cloud cover signalling an indecisive for bulls and bears.
The break of the 32,900-33,737 range will serve as a crucial confirmation for further momentum in the market. Until that point, traders may find themselves engaged in range trading.
Traders should wait for this break to guide their strategies and capitalize on the subsequent price movement that may unfold.
#DowJones
#KeepItSimple
👍5❤1
5 Undervalued Textile Stocks to Add to Your Watchlist
These textile stocks are trading at mouth-watering valuations. But is the risk reward set up in investors' favor?
http://www.eqtm.in/Ak4j9
These textile stocks are trading at mouth-watering valuations. But is the risk reward set up in investors' favor?
http://www.eqtm.in/Ak4j9
👍9
Stock Market Update - SGX Nifty Down 32 Points | Upcoming IPOs to Watch This Week | Axita Cotton Share Buyback | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/Bd98Q
Top cues to track in today's stock market session.
http://www.eqtm.in/Bd98Q
Forwarded from Fast Profits Daily
Energy Index - A Bull Run in the Making 📈
After reversing from the support line of the falling channel pattern, the index forms a higher high - higher low bullish structure.
The retest of the previous high and resumption in bullish momentum confirms the index is headed northwards.
Hey traders, it's time to seize a buying opportunity in the energy stocks.
(CMP-23,990)
#NiftyEnergyIndex
#KeepItSimple
After reversing from the support line of the falling channel pattern, the index forms a higher high - higher low bullish structure.
The retest of the previous high and resumption in bullish momentum confirms the index is headed northwards.
Hey traders, it's time to seize a buying opportunity in the energy stocks.
(CMP-23,990)
#NiftyEnergyIndex
#KeepItSimple
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Stock Market Update - Sensex Today Trades Higher, Nifty Above 18,250 | Adani Enterprises & NTPC Top Gainers | Cochin Shipyard, Siemens Crash 10%
Indian share markets are trading on a positive note with the Sensex up by 162 points, while the Nifty is trading higher by 62 points.
http://www.eqtm.in/r8C3E
Indian share markets are trading on a positive note with the Sensex up by 162 points, while the Nifty is trading higher by 62 points.
http://www.eqtm.in/r8C3E
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Here's a list of stocks to watch out for today. This list is updated LIVE, so be sure to check back regularly... http://www.eqtm.in/Me4d3
Focus on Finding the Real Wealth Creating Stocks
The lesser-known stocks in the market deserve your attention.
Wealth Creating Stocks
Here’s an extract…
This decade will witness multiple megatrends unfolding - EV, green energy, artificial intelligence (AI), and more.
Instead of getting blinded by the limelight of the famous but fundamentally weak players, focus on the real profitable enablers of this revolution.
Read on for more...
http://www.eqtm.in/r3YZd
The lesser-known stocks in the market deserve your attention.
Wealth Creating Stocks
Here’s an extract…
This decade will witness multiple megatrends unfolding - EV, green energy, artificial intelligence (AI), and more.
Instead of getting blinded by the limelight of the famous but fundamentally weak players, focus on the real profitable enablers of this revolution.
Read on for more...
http://www.eqtm.in/r3YZd
❤3👍2
Why Balaji Amines Share Price is Falling
Shares of Balaji Amines are trading near their 52-week low. Here's why.
http://www.eqtm.in/Pw2d9
Shares of Balaji Amines are trading near their 52-week low. Here's why.
http://www.eqtm.in/Pw2d9
Top 5 Long Term Stocks To Add to Your Watchlist
Investors must keep an eye on these stocks to potentially amass a fortune in the long term.
Best Long Term Stocks
Here’s an extract…
If you don’t like uncertainty in the stock market, then long term stocks are your best bet. They help stabilise your portfolio and offer good returns.
The following five stocks boast strong fundamentals and business acumen.
Operating in diverse sectors, these companies offer exposure to different industries and markets and exhibit promising potential for long-term growth.
Have a look…
http://www.eqtm.in/r9G7R
Investors must keep an eye on these stocks to potentially amass a fortune in the long term.
Best Long Term Stocks
Here’s an extract…
If you don’t like uncertainty in the stock market, then long term stocks are your best bet. They help stabilise your portfolio and offer good returns.
The following five stocks boast strong fundamentals and business acumen.
Operating in diverse sectors, these companies offer exposure to different industries and markets and exhibit promising potential for long-term growth.
Have a look…
http://www.eqtm.in/r9G7R
👍4❤2
Why Siemens Share Price is Falling
Following a non-stop rally, Siemens share price corrected 15% in two days after getting nod to sell its general motor business to the parent company.
http://www.eqtm.in/Br2f4
Following a non-stop rally, Siemens share price corrected 15% in two days after getting nod to sell its general motor business to the parent company.
http://www.eqtm.in/Br2f4
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IPO Alert: 4 Upcoming SME IPOs to Watch Out This Week
These small and medium enterprises are coming out with their IPOs this week. Are they worth a look?
4 SME IPOs This Week
Here’s an extract…
In 2023, the mainboard IPO activity has remained quite slow till now. Only 6 companies came out with their offers with a total issue size of Rs 90.2 billion (bn).
During the same period, 48 small & medium enterprises (SMEs) came out with their IPOs and raised a little over Rs 9.5 bn.
Going forward in 2023, several SME are eyeing to come out with their IPOs. In fact, this week four SME IPOs are opening up for subscription.
Let’s take a look at each in detail…
http://www.eqtm.in/e2F8W
These small and medium enterprises are coming out with their IPOs this week. Are they worth a look?
4 SME IPOs This Week
Here’s an extract…
In 2023, the mainboard IPO activity has remained quite slow till now. Only 6 companies came out with their offers with a total issue size of Rs 90.2 billion (bn).
During the same period, 48 small & medium enterprises (SMEs) came out with their IPOs and raised a little over Rs 9.5 bn.
Going forward in 2023, several SME are eyeing to come out with their IPOs. In fact, this week four SME IPOs are opening up for subscription.
Let’s take a look at each in detail…
http://www.eqtm.in/e2F8W
Stock Market Update - Sensex Today Gains 234 Points, Nifty Ends Above 18,300 | Adani Enterprises Zooms 20% | Tech Mahindra, Wipro, TCS Up 3%
Indian share markets end on a positive note. The BSE Sensex gained 234 points while the Nifty ended higher by 101 points.
http://www.eqtm.in/Dz52Q
Indian share markets end on a positive note. The BSE Sensex gained 234 points while the Nifty ended higher by 101 points.
http://www.eqtm.in/Dz52Q
Why Fine Organic Share Price is Falling
Shares of Fine Organic Industries continue to trade lower in 2023, tumbling around 22% so far. Find out why.
Fine Organic Stock Falls
Here’s an extract…
Shares of leading specialty chemical producer in India, Fine Organic Industries have been experiencing persistent downtrend since the beginning of 2023.
In 2023 so far, the company's shares have tumbled around 22% and over the past five days, they have fallen by 2%.
This decline comes despite a recent recovery in overall market sentiment.
Here's why the stock is declining despite a positive outlook in the smallcap space…
http://www.eqtm.in/Wb26G
Shares of Fine Organic Industries continue to trade lower in 2023, tumbling around 22% so far. Find out why.
Fine Organic Stock Falls
Here’s an extract…
Shares of leading specialty chemical producer in India, Fine Organic Industries have been experiencing persistent downtrend since the beginning of 2023.
In 2023 so far, the company's shares have tumbled around 22% and over the past five days, they have fallen by 2%.
This decline comes despite a recent recovery in overall market sentiment.
Here's why the stock is declining despite a positive outlook in the smallcap space…
http://www.eqtm.in/Wb26G
👍3
Forwarded from Fast Profits Daily
Dow Jones ends on a negative note as Consumer Durables and Industrial stocks were under pressure while Banks and IT ended on a positive note.
On Nifty, the resumption of bullish momentum after forming higher low signals the strength in trend.
The doji followed by bullish candlestick indicates the swing low at retracement. The 18,000 will be act as a major support for the swing.
On BankNifty, the bulls are struggling to surpass 44,000 hurdle; the bears will have an upper hand on a break of 43,400.
IT Index has moved above the 50DEMA and the range breakout indicates the bullish momentum in IT stocks.
SGX Nifty is trading positive by 24pts at 18,360.
#SGXNifty
#Premarket
On Nifty, the resumption of bullish momentum after forming higher low signals the strength in trend.
The doji followed by bullish candlestick indicates the swing low at retracement. The 18,000 will be act as a major support for the swing.
On BankNifty, the bulls are struggling to surpass 44,000 hurdle; the bears will have an upper hand on a break of 43,400.
IT Index has moved above the 50DEMA and the range breakout indicates the bullish momentum in IT stocks.
SGX Nifty is trading positive by 24pts at 18,360.
#SGXNifty
#Premarket
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