TATA ElxsiIt is showing breakout in weekly ratio chart. The price should sustain this level. keep SL as per your risk management.
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TSLA VS SLVIt looks like today's big move up in TSLA might be fake to provide liquidity for Smart Money if it reverses all the way back down tomorrow. Smart money needs to turn all these buyers into sellers so that they can load up on Longs at gap fill around 220.
This ratio chart is telling me that SLV should outperform TSLA so TSLA has to fall while SLV has to rise. Funny how it bottomed at 5, 7 and possible 9 for about 1 week before it rises.
AXIS BankIt is expected to come out from big consolidation in ratio chart. But it is not sure when it will come out. So stay positive on this stock and find some good entry point. It may give good investment returns as well. Breakout from the upper channel is must.
NIFTYBANKIt is braking out from the short term down trend in ratio chart hence it may possible that Bank nifty will outperform nifty in coming days/weeks. Further, nifty has given negative weekly close while bank nifty has given positive weekly close. That's also positive sign. Find outperforming bank and get good upside
NIFTYPSUBANKSIt is breaking out from the range in ratio chart. One may find some good setup from PSU Banks for coming weeks
THERMAXProbably it may give breakout from the ratio chart hence keep it watch list for long candidate
HEGHEG has broken out from the consolidation in ratio chart. Is history going to repeat? Only time will tell
HINDZINCIt is at support level in ratio chart and here risk reward is much favorable. So long can be considered here with small SL
xop vs btc🙏Thanks for playing along the "mystery chart" game, some good guesses in there.
💡It was a ratio chart, #XOP versus #Bitcoin!
⚠️Game changing momentum occurring right now in markets, if you are paying attention.
#crudeoil #gold #silver #inflation #fintwit
NDXSPX Ratio analysis monthly long termLong term NDXSPX Ratio Chart showing lose money irrespective of destructive future taxes and debt of a Biden (uses economy as a demand side policy atm with no supply side plans of good future funding offsets) economy, has pulled us out temporarily from a fall but will this make the longer term or intermediate term fall that much worse....economics says yes, there's always a tradeoff!
GAILGAIL is breaking out in ratio chart. Long can be initiated here. Higher crude price may support rise here
TCSIt is breaking out in ratio chart and hence long can be initiated here with reasonable SL of 3% for target of 6%-8%
preview for the week - SPX, NQ, IWM, KREAll in the video. According to what I'm seeing in the ratio charts, IWM and KRE may lead to the downside so I'm expecting some bank news which has not hit yet. Tech will probably stay relatively strong for at least a week or more, while SPX may want to try for 4500. It's a shortened trading week, and they are usually very slow but a surprise in the regional bank sector would not surprise me.
Good luck!
TECHMIt is coming out of good consolidation hence it may be looked for long. NIFTY IT is also taking support in ratio chart so it can give good upside in coming weeks.
Inverted Head & Shoulder PatternIn Naukri/Nifty Ratio chart made a inverse head & shoulder pattern after a deep correction , for now high probability #naukri outperform Nifty .
NIFTYAUTOLong base has been formed in ratio chart any breakout this base will give good upside in auto stocks. Hence, keep auto stocks in radar and also this chart. If breakout is not happening then don't go long there
BANKNIFTYIt has broken out in weekly ratio chart which gives us signal that BNF will outperform Nifty in coming days. As its more volatile than NF, any breakdown of the breakout zone should be consider at strict SL
Collect Silver to Collect GoldSLV Breaking out, With Volume. See ON Balance volume to See relative volume on balance (already purchased) than in the past volume spikes. Consider supply vs demand if inflation continues.
Educational Resource:
www.youtube.com
Background:
Gold is Nearing All Time highs.
Silver is at about 1/2 of its pervious ATH.
COMEX:SI1!
www.tradingview.com
Silver is Becoming more valuable in comparison to gold.
www.bullionbypost.com
Gold To silver Ratio coming down, signifying that one ounce of gold is becoming easier to buy with less silver.
As long as inflation remains persistent, and the interest rate remains around 5%, the issue of inflation will not go away unless these two numbers cross. Meaning that inflation will continue to grow, not shrink, and the problem remains. Right now economists are happy with a shrinkage in the rate of growth of inflation, indicating the issue is NOT YET RESOLVED. The Next FOMC is in the first week of May. WE have 3/4 of a month left.
Why does Uranium breaking out versus US equities matter?Cameco Uranium Miner tracks the capital flows as defined by the ratio chart.
Uranium still building its 7 YEAR BASE versus Spx.
Remember, BIGGER the base... HIGHER in space!
#cameco #uranium #spx
