Forwarded from Fast Profits Daily
Dow Jones end on a flat note after breaking the swing low of 33,000; IT and Banking stocks witness short covering rally in US.
SGXNifty is trading 44pts down to 18,422.
The last hour reversal in Indian markets signals the bulls are back in the game after retracement.
On Nifty, the 18,240-18,267 band will act as demand zone while 18,380-18,409 needs to be taken out for resumption of bullish momentum.
BankNifty, an intraday trap and short-covering by CE writer's in yesterday's expiry triggers the bullish momentum.
On the daily chart, the bullish meeting line candlestick pattern is visible indicates the bulls are in control of the trend.
The break of 43,734 will accelerate the bullish momentum towards 44,000.
IT stocks should be on your watchlist as IT Index is forming rising three candlestick pattern; confirmation on break of 29,300.
#SGXNifty
#Pre-Market
SGXNifty is trading 44pts down to 18,422.
The last hour reversal in Indian markets signals the bulls are back in the game after retracement.
On Nifty, the 18,240-18,267 band will act as demand zone while 18,380-18,409 needs to be taken out for resumption of bullish momentum.
BankNifty, an intraday trap and short-covering by CE writer's in yesterday's expiry triggers the bullish momentum.
On the daily chart, the bullish meeting line candlestick pattern is visible indicates the bulls are in control of the trend.
The break of 43,734 will accelerate the bullish momentum towards 44,000.
IT stocks should be on your watchlist as IT Index is forming rising three candlestick pattern; confirmation on break of 29,300.
#SGXNifty
#Pre-Market
๐10
Stock Market Update - Sensex Today Trades Higher | Vodafone Idea, Zee Entertainment Jumps 3% | Reliance & Tech Mahindra Top Gainers
Indian share markets are trading on a positive note with the Sensex trading 196 points higher, while the Nifty is trading higher by 54 points.
http://www.eqtm.in/Fn8k9
Indian share markets are trading on a positive note with the Sensex trading 196 points higher, while the Nifty is trading higher by 54 points.
http://www.eqtm.in/Fn8k9
๐3
What to Expect from Smallcaps this Year
Itโs good to see small-cap stocks rising. Bit how long can the rally continue?
The Smallcap Rally in the Stock Market
Hereโs an extractโฆ
After the big sell off in March this year, many smallcaps have reboundedโฆand how.
The BSE smallcap index is now flirting with all-time highs. The upswing has been much higher, in specific smallcaps.
Well, thatโs the nature of smallcaps. When the marketโs sentiments are adverse, they take the hardest knocks. But when markets are upbeat, even the slightest nudge can send them soaring.
Itโs good to see smallcaps rallying. But this comes with a sense of caution.
Read on to know moreโฆ
http://www.eqtm.in/y3C6B
Itโs good to see small-cap stocks rising. Bit how long can the rally continue?
The Smallcap Rally in the Stock Market
Hereโs an extractโฆ
After the big sell off in March this year, many smallcaps have reboundedโฆand how.
The BSE smallcap index is now flirting with all-time highs. The upswing has been much higher, in specific smallcaps.
Well, thatโs the nature of smallcaps. When the marketโs sentiments are adverse, they take the hardest knocks. But when markets are upbeat, even the slightest nudge can send them soaring.
Itโs good to see smallcaps rallying. But this comes with a sense of caution.
Read on to know moreโฆ
http://www.eqtm.in/y3C6B
Stock Market Update - Sensex Today Rallies 629 Points, Nifty Above 18,450 | MedPlus Health Surges 16% | 3 Reasons Why Indian Share Market is Rising
Indian share markets end on a positive note. The BSE Sensex rose 629 points while the Nifty ended higher by 178 points.
http://www.eqtm.in/Cs8c4
Indian share markets end on a positive note. The BSE Sensex rose 629 points while the Nifty ended higher by 178 points.
http://www.eqtm.in/Cs8c4
๐2โค1
Dolly Khanna Trims Stake in This Smallcap Chemical Stock
Hereโs why the seasoned investor trimmed her stake in this chemical company for the third consecutive quarter.
Dolly Khanna Reduced Stake in a Smallcap
Hereโs an extractโฆ
Dolly Khanna is a Chennai-based investor known for picking lesser-known midcaps and smallcaps. She has been investing in stocks since 1996.
Dolly Khanna's portfolio, managed by her husband, Rajiv Khanna, is usually inclined towards more conventional stocks in manufacturing, textile, chemical, and sugar stocks.
According to recent data, Khanna exited one counter while trimming her stake in 10 counters during the quarter. The latest information from Trendlyne indicates that she further reduced her stake in another company on Friday.
Read on for moreโฆ
http://www.eqtm.in/z5B6K
Hereโs why the seasoned investor trimmed her stake in this chemical company for the third consecutive quarter.
Dolly Khanna Reduced Stake in a Smallcap
Hereโs an extractโฆ
Dolly Khanna is a Chennai-based investor known for picking lesser-known midcaps and smallcaps. She has been investing in stocks since 1996.
Dolly Khanna's portfolio, managed by her husband, Rajiv Khanna, is usually inclined towards more conventional stocks in manufacturing, textile, chemical, and sugar stocks.
According to recent data, Khanna exited one counter while trimming her stake in 10 counters during the quarter. The latest information from Trendlyne indicates that she further reduced her stake in another company on Friday.
Read on for moreโฆ
http://www.eqtm.in/z5B6K
๐1
Why Page Industries Share Price is Failing
Here's why the multibagger's stock is down 10% in the last five days.
http://www.eqtm.in/n9Q4N
Here's why the multibagger's stock is down 10% in the last five days.
http://www.eqtm.in/n9Q4N
Forwarded from Fast Profits Daily
Nifty - Diamond Pattern Breakout ๐
I wanted to share an interesting technical analysis pattern that has caught my attention - the Diamond Pattern.
I wanted to share an interesting technical analysis pattern that has caught my attention - the Diamond Pattern.
๐11โค2
Forwarded from Fast Profits Daily
What is the Diamond Pattern?
The Diamond Pattern, also known as the Diamond Top or Diamond Bottom, is a formation that resembles the shape of a diamond on a price chart. It consists of two converging trendlines, with price swings forming higher highs and lower lows, creating a diamond-like shape.
Identifying the Diamond Pattern:
To spot a Diamond Pattern, look for the following features:
1. Initial uptrend or downtrend.
2. Volatility decreases as the pattern develops.
3. Two trendlines, one connecting lower highs and the other connecting higher lows.
4. The pattern completes when the price breaks out in the opposite direction of the previous trend.
Interpretation and Trading Strategies:
When the Diamond Pattern occurs, it can suggest a potential trend reversal or continuation depending upon the breakout.
Traders often look for confirmation signals, such as a breakout above or below the pattern, along with increased volume.
๐ Diamond Top: If the pattern forms after an uptrend, it might indicate a bearish reversal. Traders may consider short-selling or exiting long positions.
๐ Diamond Bottom: When the pattern forms after a downtrend, it could signal a bullish reversal. Traders might look for buying opportunities or closing short positions.
Remember, technical analysis patterns should never be the sole basis for making trading decisions. Always combine them with other indicators and risk management strategies for a well-rounded approach.
๐ก DISCLAIMER: This post is for informational purposes only and should not be considered financial advice. Always do your own research and consult with a professional before making any investment decisions.
Trade wisely and good luck! ๐๐ช๐ฐ
#DiamondPattern
#KeepItSimple #TechnicalAnalysis
The Diamond Pattern, also known as the Diamond Top or Diamond Bottom, is a formation that resembles the shape of a diamond on a price chart. It consists of two converging trendlines, with price swings forming higher highs and lower lows, creating a diamond-like shape.
Identifying the Diamond Pattern:
To spot a Diamond Pattern, look for the following features:
1. Initial uptrend or downtrend.
2. Volatility decreases as the pattern develops.
3. Two trendlines, one connecting lower highs and the other connecting higher lows.
4. The pattern completes when the price breaks out in the opposite direction of the previous trend.
Interpretation and Trading Strategies:
When the Diamond Pattern occurs, it can suggest a potential trend reversal or continuation depending upon the breakout.
Traders often look for confirmation signals, such as a breakout above or below the pattern, along with increased volume.
๐ Diamond Top: If the pattern forms after an uptrend, it might indicate a bearish reversal. Traders may consider short-selling or exiting long positions.
๐ Diamond Bottom: When the pattern forms after a downtrend, it could signal a bullish reversal. Traders might look for buying opportunities or closing short positions.
Remember, technical analysis patterns should never be the sole basis for making trading decisions. Always combine them with other indicators and risk management strategies for a well-rounded approach.
๐ก DISCLAIMER: This post is for informational purposes only and should not be considered financial advice. Always do your own research and consult with a professional before making any investment decisions.
Trade wisely and good luck! ๐๐ช๐ฐ
#DiamondPattern
#KeepItSimple #TechnicalAnalysis
๐7โค2
๐ฑ ๐ฆ๐๐ผ๐ฐ๐ธ๐ ๐๐ฒ๐ฐ๐น๐ฎ๐ฟ๐ถ๐ป๐ด ๐ ๐ผ๐ฟ๐ฒ ๐ง๐ต๐ฎ๐ป ๐ต๐ฌ๐ฌ% ๐๐ถ๐๐ถ๐ฑ๐ฒ๐ป๐ฑ ๐ถ๐ป ๐๐๐น๐ ๐ฎ๐ฌ๐ฎ๐ฏ
Looking for cash in in these volatile times? Here are five stocks paying big dividends in July 2023.
๐๐ถ๐ด ๐๐ถ๐๐ถ๐ฑ๐ฒ๐ป๐ฑ๐ ๐ถ๐ป ๐๐๐ป๐ฒ
Hereโs an extractโฆ
A select group of companies consistently stand out by delivering impressive dividend payouts. These companies not only exhibit the ability to navigate market volatility successfully but also prioritise sharing their profits with their shareholders.
Given these advantages, it's no wonder that dividend investing holds significant importance in many investors' strategies.
Let's explore five stocks that have declared dividends exceeding 900% in July 2023.
http://www.eqtm.in/Kz4k2
Looking for cash in in these volatile times? Here are five stocks paying big dividends in July 2023.
๐๐ถ๐ด ๐๐ถ๐๐ถ๐ฑ๐ฒ๐ป๐ฑ๐ ๐ถ๐ป ๐๐๐ป๐ฒ
Hereโs an extractโฆ
A select group of companies consistently stand out by delivering impressive dividend payouts. These companies not only exhibit the ability to navigate market volatility successfully but also prioritise sharing their profits with their shareholders.
Given these advantages, it's no wonder that dividend investing holds significant importance in many investors' strategies.
Let's explore five stocks that have declared dividends exceeding 900% in July 2023.
http://www.eqtm.in/Kz4k2
๐9โค3
Forwarded from Fast Profits Daily
SGX Nifty indicates an opening of over 160pts at 18,700+; approaching all-time high of 18,887.
Dow Jones witnessed recovery on Friday gaining a percent and reclaiming 33,000 on weekly closing.
IT stocks will be in focus as Nasdaq gains over 2%.
BankNifty, the highest ever weekly close of 44,018 signals the new ATH is on cards as the gap-up opening may witness the surpass of previous high at 44,151.
IT and Banking stocks will be in focus today.
#SGXNifty
#PreMarket
Dow Jones witnessed recovery on Friday gaining a percent and reclaiming 33,000 on weekly closing.
IT stocks will be in focus as Nasdaq gains over 2%.
BankNifty, the highest ever weekly close of 44,018 signals the new ATH is on cards as the gap-up opening may witness the surpass of previous high at 44,151.
IT and Banking stocks will be in focus today.
#SGXNifty
#PreMarket
๐11โค1
Stock Market Update - SGX Nifty Up 159 Points | M&M, BEML Q4 Results | Adani Green Energy Surpasses 1 GW - Mark | Top Buzzing Stocks Today
Top cues to track in today's stock market session.
http://www.eqtm.in/b7Z2P
Top cues to track in today's stock market session.
http://www.eqtm.in/b7Z2P
Forwarded from Fast Profits Daily
BankNifty Skyrockets to Record Heights: Reaching All-Time High ๐๐ฅ
Traders around the world are celebrating as BankNifty reaches an all-time high.
The surge in the index reflects the robustness and resilience of the banking sector, which has witnessed a remarkable recovery from the challenges faced in recent times.
US Debt ceiling, interest rate and inflation โ the hurdles in the race to 44,000+ has been crossed by the index.
The optimism among traders is palpable as they seize the opportunity to capitalize on the upward momentum of the index.
The all-time high in BankNifty showcases the banking industry's strength and provides traders with a favourable environment to make profitable investment decisions.
Amidst this exuberance, traders are eagerly analysing market trends, strategizing their moves, and raising a toast to this remarkable achievement in the financial markets.
#BankNifty
#AllTimeHigh
Traders around the world are celebrating as BankNifty reaches an all-time high.
The surge in the index reflects the robustness and resilience of the banking sector, which has witnessed a remarkable recovery from the challenges faced in recent times.
US Debt ceiling, interest rate and inflation โ the hurdles in the race to 44,000+ has been crossed by the index.
The optimism among traders is palpable as they seize the opportunity to capitalize on the upward momentum of the index.
The all-time high in BankNifty showcases the banking industry's strength and provides traders with a favourable environment to make profitable investment decisions.
Amidst this exuberance, traders are eagerly analysing market trends, strategizing their moves, and raising a toast to this remarkable achievement in the financial markets.
#BankNifty
#AllTimeHigh
๐5โค2
Forwarded from Fast Profits Daily
Attention Bank Nifty traders! โ ๏ธ
A caution sign is waving in the market as the Wyckoff distribution pattern becomes visible on the charts.
This pattern is a warning signal that suggests a potential reversal in the uptrend. As the distribution phase unfolds, it indicates that smart money players may be offloading their positions, leading to a potential price correction or even a trend reversal.
It is crucial to exercise caution and closely monitor the market dynamics during this phase.
Traders are advised to re-evaluate their long positions, implement risk management strategies, and consider potential downside risks before making any further investment decisions.
Stay vigilant and adapt your trading strategies accordingly considering this emerging Wyckoff distribution pattern in Bank Nifty.
(CMP-44,400)
#BankNifty
#WyckoffPattern
#KeepItSimple
A caution sign is waving in the market as the Wyckoff distribution pattern becomes visible on the charts.
This pattern is a warning signal that suggests a potential reversal in the uptrend. As the distribution phase unfolds, it indicates that smart money players may be offloading their positions, leading to a potential price correction or even a trend reversal.
It is crucial to exercise caution and closely monitor the market dynamics during this phase.
Traders are advised to re-evaluate their long positions, implement risk management strategies, and consider potential downside risks before making any further investment decisions.
Stay vigilant and adapt your trading strategies accordingly considering this emerging Wyckoff distribution pattern in Bank Nifty.
(CMP-44,400)
#BankNifty
#WyckoffPattern
#KeepItSimple
๐14
Worldโs Fourth Largest Economy Enters Recession. Is a Crash Coming Soon?
Is the stock market in danger of crashing after Germanyโs announcement of recession.
Germany Enters Recession
Hereโs an extractโฆ
Germany's gross domestic product (GDP) fell 0.3% for the March quarter. This follows a 0.5% contraction in the last 3 months of 2022.
Two consecutive quarters of contraction is what commonly defines a recession. Germany has crossed this threshold.
Read on for more...
http://www.eqtm.in/b4G6W
Is the stock market in danger of crashing after Germanyโs announcement of recession.
Germany Enters Recession
Hereโs an extractโฆ
Germany's gross domestic product (GDP) fell 0.3% for the March quarter. This follows a 0.5% contraction in the last 3 months of 2022.
Two consecutive quarters of contraction is what commonly defines a recession. Germany has crossed this threshold.
Read on for more...
http://www.eqtm.in/b4G6W
๐3โค1
Stock Market Update - Sensex Today Zooms 400 Points, Nifty Above 18,600 | ICICI Lombard General Insurance Rallies 12% | M&M, Ambuja cement Up 5%
Indian share markets are trading on a positive note with the Sensex trading 375 points higher, while the Nifty is trading higher by 99 points.
http://www.eqtm.in/Zp9o6
Indian share markets are trading on a positive note with the Sensex trading 375 points higher, while the Nifty is trading higher by 99 points.
http://www.eqtm.in/Zp9o6
๐1
5 Indian Banks that Posted Record High Profits in FY23. Will the Dream Run Continue?
Indian banks had a dream run in the financial year 2023. Here are five that posted record-high profits in the financial year 2023.
PSU Banks Are in a Sweet Spot
Hereโs an extractโฆ
Experts believe that strong fundamentals of the local economy will support credit growth and prevent deterioration in asset quality.
Banksโ profitability will stabilise after improving in the past few years as the boost from declines in loan-loss provisions wanes. Banksโ capital, funding and liquidity will be stable and supportive of credit growth.
Read on for moreโฆ
http://www.eqtm.in/g3AXj
Indian banks had a dream run in the financial year 2023. Here are five that posted record-high profits in the financial year 2023.
PSU Banks Are in a Sweet Spot
Hereโs an extractโฆ
Experts believe that strong fundamentals of the local economy will support credit growth and prevent deterioration in asset quality.
Banksโ profitability will stabilise after improving in the past few years as the boost from declines in loan-loss provisions wanes. Banksโ capital, funding and liquidity will be stable and supportive of credit growth.
Read on for moreโฆ
http://www.eqtm.in/g3AXj
๐4
Why Balkrishna Industries Share Price is Falling
Balkrishna Industries shares crash 9% post weak Q4 results. What lies ahead for this fundamentally strong company?
http://www.eqtm.in/p6JTs
Balkrishna Industries shares crash 9% post weak Q4 results. What lies ahead for this fundamentally strong company?
http://www.eqtm.in/p6JTs
Stock Market Update - Sensex Today Ends 345 Points Higher | DB Realty Soars 12% | Titan & Tata Steel Among Top Gainers
Indian share markets end on a positive note. The BSE Sensex rose 345 points while the Nifty ended higher by 99 points.
http://www.eqtm.in/Lb4o8
Indian share markets end on a positive note. The BSE Sensex rose 345 points while the Nifty ended higher by 99 points.
http://www.eqtm.in/Lb4o8
๐1
Why City Union Bank Share Price is Falling
City Union Bank share price tumbles the most in three months; nosedives over 9% in a day. Hereโs why.
http://www.eqtm.in/i5E7G
City Union Bank share price tumbles the most in three months; nosedives over 9% in a day. Hereโs why.
http://www.eqtm.in/i5E7G
๐2
Why ONGC Share Price is Falling
Hereโs why ONGCโs share price fell after the company declared its results for the March 2023 quarter.
http://www.eqtm.in/Rt2g6
Hereโs why ONGCโs share price fell after the company declared its results for the March 2023 quarter.
http://www.eqtm.in/Rt2g6
Forwarded from Fast Profits Daily
Indian markets shine as BankNifty hits an all-time high; Nifty approaching the high of 18,887.
SGX Nifty trades on a flat note at 18,700 (+13pts) as US markets were closed on account of Memorial Day.
The banking stocks gain the most but the selling pressure in Energy and IT kept Nifty under pressure after opening higher.
The Wyckoff distribution is visible on the chart of BankNifty indicating a cautious sign for bills at all-time high. Traders and investors should trim their longs in banking stocks.
#SGXNifty
#PreMarket
SGX Nifty trades on a flat note at 18,700 (+13pts) as US markets were closed on account of Memorial Day.
The banking stocks gain the most but the selling pressure in Energy and IT kept Nifty under pressure after opening higher.
The Wyckoff distribution is visible on the chart of BankNifty indicating a cautious sign for bills at all-time high. Traders and investors should trim their longs in banking stocks.
#SGXNifty
#PreMarket
๐8