yossarian121

yossarian121

There was minor overshoot of the trendline that was reversed today Its possible that nifty/ SGX nifty topped out. longs should be very cautious here. Accelerated decline is the more likely outcome

yossarian121 Updated 

Had posted a channel on on silver. That did not work out. Got stopped out for 10 cents there This seems to be a better fit. Wave counts unclear in short term so staying on the side

yossarian121 Updated 

Looking at support from hourly channel here towards 20.4 Channel can be drawn a bit lower too. Light longs if going for it

yossarian121 Updated 

Likely wave counts on natgas. The previous corrective from around 9 to 8.4+ looked more like a 4th Expecting another corrective next. Micros of 5th are not clear. Would wait for move below 8.94 before getting confident on this count

yossarian121

Ignoring that crazy day when crude went negative, WTI is at major decision point Expecting a bounce here. trying calls might be the way to go given we are trading against immediate trend

yossarian121 Updated 

Crude is approaching resistance. expecting a dip here short term as the next move Sell around cmp 90.15. SL 90.8 Targets open towards 88 and lower

yossarian121

Accumulate godrej CP between 874-887 Should move towards 1000+ in coming days. SL 840 below hourly close

yossarian121 Updated 

Had published a short around 8.94 earlier last week Updating counts on same. As per this we can expect a decline towards 8.4-8.1 in coming week. SL is thursday's high

yossarian121

2 possible trendlines off the 18600 highs. SGX nifty closed the friday overnight session at the upper edge of the lower trendline No trade as if now but worth watching here on short side

yossarian121

Absolute battering of bears going on Checking out some potential resistance levels that bears will hope to hold 1) Trendline around 4332 2) 61.8^ of entire down around 4373 3) 78.6% of the second leg down from around 4421

yossarian121

JSPL has rallied around 35% since the lows in late june Looks like into deep 5th territory of some degree. 5th maybe done or at the most one leg higher I think Shorts may be tried here for a pullback soon. SL would depend on entry point and where it opens tmw

yossarian121 Updated 

Looks like we are deep in a 5th of some degree. Next should be a corrective Aggressive shorts may be taken. SL 9.2 (15 min close)

yossarian121 Updated 

Coffee futures are bid higher on reports of brazilian crop having failed Have been making higher swing lows since mid july. SL at 215

yossarian121 Updated 

Tata chem is available at a reasonable price point now after a 30-40% correction Can be added to portfolio as a quality name in sector. RSI looks bullish on an immediate basis

yossarian121 Updated 

Tmw the inflation print will likely move everything around But for now this is the bullish trendline to watch

yossarian121

SPX near term seems capped to the upside by shown trendline. But bulls unwilling to give an inch to bears

yossarian121 Updated 

Silver is now trading above the minor downtrend line from last 2 trading sessions. The next key resistance is around 20.31. Beyonfd that it can break out on the upside

yossarian121 Updated 

The crude corrective seems headed towards lower levels (85-86). The lower top should lead to a lower low before bulls can attempt another leg higher