RahulAndra

RahulAndra Updated 

My first chart with my own "God Lines" systems SL .682 - RR 1.6x. Healthy SL for first public "God Line" chart

RahulAndra

I have not seen this kind of price action and volumes since the rain man days of late 2013. Full breakouts and so many of them after nearly a year+ of consolidation and accumulation. This is a huge event and I hope to take advantage of it. Best of luck friends Polo Margin BTS - Just one of the few winners on Polo right now. This one seems unique because it is...

RahulAndra

There is a very low chance of a rate hike for the upcoming meeting and there has been very little chance of a rate hike for like the last 5 upcoming meetings. I am personally not speculating about the outcome of this meeting because 10YT Bond rate is at the brink of breaking its floor at 1.7% and reaching new all time lows. For me if there was a time to hike rates...

RahulAndra

I see overwhelming amt of negative press in the media regarding no chance of a Fed rate hike however I feel that most are overlooking the other supporting factors for a potential increase in Dollar Strength in the short term. I am fundamentally biased to believe that the fed will be maintaining the 1.7% bond floor for reasons concerning economic stability and...

RahulAndra Updated 

*This is not your conventional chart and many may ignore it but I believe that this chart has tremendous potential and that the intersections that occur in this chart followed by severe volatility is not just a matter of chance. (Chinese Index with Blue candles) As everyone knows the Chinese run Bitcoin. My hypothesis is that in the past year and a half...

RahulAndra

*EDIT in text quote on left of chart - *Synchronicity in between I have created an equally weighted portfolio of 5 sustenance based commodities including Soybean, Soybean Oil, Sugar, Wheat, and Maize (continuous fwd contracts). This is an update to the first chart I have published (rough rice) which isn't updating for some reason but if you see the RR1! graph on...

RahulAndra Updated 

Strong Buy zone: 91.2 - 91.8. Sell 97.5-99. Heavy redistribution in this area from 04-06 1st scenario: DXY soars, All hail fed printing press, #1 currency pumper on Earth. 2nd scenario: A strong breakdown in DXY here may topple the markets sooner than i expected by triggering capital outflows from US equities and bonds because I believe low interest rates along...

RahulAndra Updated 

USDINR showing consolidation and potential breakout as it experiences strong support at 2 year support trendline. RR ratio 2.31. If prv high is broken 71 is possible.

RahulAndra

I expect Bitcoin to retest the .786 fib around 410 (even 390 is possible) creating a false breakdown from the wedge before fully breaking out. Of course the other scenario is that we break 430 within the next week with little resistance. I expect it to first test 630-670 once it breaks out.

RahulAndra Updated 

First of all thank you to tradingview for intraday Banknifty charting BankNifty has a history of making very violent corrections when it finds a trendline and right now we have banknifty at a 1 month strong support trendline in a crucial demand zone. In addition the selling from 16k+ levels made the last week the largest volume week of the past few years :...

RahulAndra

Hello This is an update from my BANKNIFTY Long call from 13700 and my BANKNIFTY short call which is at a breakeven point. The first scenario I had foreseen was a reversal at this lvl. The second was retrace to 17k and then back down. Now I notice a 3y long pattern of consolidation that has been in development ever since BANKNIFTY rallied from 8k to a 200%+ high...

RahulAndra Updated 

This is a revision of my prv BANKNIFTY chart "https://www.tradingview.com/chart/BANKNIFTY/Qr1NFlnT-Bank-Nifty-Oversold/". I explicitly stated "Oversold" as I viewed the retrace that I had called till 16k as just a retrace and not any strong sign of resurgence in the banking sector. The channel has proved to be strong. 1st Tp 13.2k 2nd Tp 12.3k.

RahulAndra Updated 

After heavy consolidation for 2 months I can foresee a potential breakout from the 1 yr+ triangle to supply zone @ apprx 85. SL is at 62. RR Ratio = 1.65. Always the possibility of denial at resistance trendline however this extended period of consolidation gives me the confidence of an overwhelming bullish sentiment Best of luck!

RahulAndra Updated 

BankNifty has taken a near 20% hit since the beginning of this year due to bearish economic outlook as well as a massive burden of 7 lakh crore + NPA. The budget has been published and the government has pledged to recapitalize PSUs by a measly 25k crore for now. I believe that the banking sector is yet to see its real lows however for the time being a...

RahulAndra Updated 

As we are on the brink of the next cyclical recession food security has become more of a concern than ever. One can see the inverse correlation that rice has exhibited over the last 15 years being an extremely inelastic good as it is the most consumed grain in the world. In the last 14 years the value of this commodity future has gone up over 250% versus the most...

RahulAndra Updated 

As RBI is facing tremendous pressure to bail out PS/Corporate banks I believe that we will slowly begin to see a short term correction in the bank sector. I expected BOB to either break out and test supply zone at 190 before potentially making another leg up. The second scenario is that the bearish sentiment forces BOB to test demand zone at 100-120 before it...