POSITIONAL EQUITY TRADE FOR REWARD : RISK 5:1
Price has changed the Trend upwards and has a buying confirmation, hence expecting an Impulsive Move Upward till the Opposite Quarterly Supply.
ENJOY THE RIDE !!!
Equity
KotakBank gearing up for a recoveryKotak Bank has been taking a beating for last 3 months, and I think it's about time that it started attracting some big investments again. My view on this stock is bullish right now, and we can expect the move to realise in next 2-3 months, i.e. May 1(around the time of their next financial report).
Kotak is a fundamentally strong bank, that has generated consistent revenues and even better profit margins in last couple of years. It's a good value stock that has been neutralised since it last tried breaking through it's all time high price in October 2021. It has recently jumped back up from a pretty solid supply zone, and to my eyes, it's giving all the right signals for a bullish recovery.
Rationale:
Strong rejection from the supply zone, at a much higher price than the last reversal.
Price responding well to fib-levels, taking support at .786 retracement level.
A sharp spike in long term RSI & ADX levels, slow Stochastic starting to rise
Price forming a bullish Gartley pattern
Long Setup:
CMP: ~1750
Entry levels: Wait for retest, ideal entry should be around 1720, aggressive buyers can start accumulating already. Buyers may look to average their price until 1700.
Stop Loss Levels: Low risk tolerance -> 1680-1660, High risk tolerance -> 1620
Target Levels: 1800 - 1850, long range target 1900-2000(3 month horizon)
Potential upside: 15%
Potential downside: 7%
CERA long side view Short Swing stocks
I will buy near EOD if the price trading above the blue line
Simple
Aptus short term Swing stocks Just a simple entry
I will buy near EOD if price trading above the blue line
Dabur short term Swing stocks Not a call just a view
No pattern breakouts or retracement
Just i will buy above the blue price trading near EOD closing
Balaji amines short term Swing stocks Just a view not a call
I will buy above the blue line if the price trade above the line EOD
Alkali Swing stock longSwing stock after close above the blue line just a view educational purposes only i will buy EOD market closing time above the blue line price close
Psp project Swing stock short term Swing stocks
Bouncing from trend line EOD closing above the blue line i will buy
$ANH Anheuser-Busch Inbev. Good performance for the year +17,79%Anheuser-Busch Inbev up 17,79% for the year to date
Good performance.
How much is left in the tank ?
Bull flag break indicates a little more to go.
🟨 SPX Mega cycleHere is a picture of the mega cycle of the SPX from 1988 to 2032.
I am inherently bullish but I am also prepping for a longer sideways action.
NVDA Path to 270-280 - Good Swing or Options Trade?NVDA has provided pretty clear bias and momentum signals.
Hey, this isn't trade advice.
The upside target is 270-280.
This clicks with key 4D level as well as RDA projection zone (grey lines).
I teach simplicity and I ask 2 questions:
What Should Happen?
Bias and momentum should hold on 4D and D charts
Price should probably stall around 216 but ultimately close with a level above.
If price pulls back the ideal textbook reaction is a rejection at the 180 area. The creation of a level on the 4D chart above or around this. If that level gets tested it holds.
What Shouldn't Happen?
No 4D close below RDA
If price pulls back to the high probability reaction zone, it better create a level above one or all the momentum and bias indicators.
Overall this might provide a good swing or options trade. Especially if you a trader enters in a scale in strategy.
Yellen saying she ain't seeing a recession till end of termJust an idea where equity might be heading with all the turmoil with banks. I think the FED will bail them out and eventually the 3 next meeting won't have any rates rise, cuts if banks and markets bleed, but overall we might not see the bottom, yet.
Let's see equity raise with BTC and usd possibly back on it's downtrend.
TLTGimme gimme .. haven't posted on Tradingview in a while so now want to give heads up go long TLT very soon with dated calls or shares. possibly even 103 lvl
3/27/2023 (Monday) SPY Analysis and Market Deep DiveMonday 3/27/2023 - In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities.
In the Trading View App, You can use the links below and hit play, so you can see the action from the dates the charts were published. I will keep this going so we can follow outcomes to analysis!
NVIDIA: THIRD TOUCH LONG?$NVDA has broken the $200 resistance, looking for a pullback at $190-195 for up-trend continuation. Let's see how FED drives equities!
Follow for more updates:
SENSEX Short - Doubletop
Called the last top in October 21, calling this double top in Dec 22.
Longterm bullish on this market but looks like more value to be had at lower prices.
25% target. 31% Stretch target
Best, Hard Forky
$DJI has HUGE BUY volume the last few hours$DJI bounce decently off support on daily charts.
This may take some time to heal. However, IF #stocks can hold for the next few hours it can be okay.
The only reason it's not pumping higher is $GS & $JPM, #banks.
On the 4Hr we see a DOJI formed MORE than 4 hours ago & on the CURRENT 4 hr candle it is being ENGULFED WITH VOLUME.
We want to see a close above 32k but higher will mean more conviction.
The belief is that #rates will take a pause while we have this bank fiasco happening.
32500 is our full exit point. Although we have been loosening positions in this rally for the last couple hours.
Would keep re-buying lightly on pullbacks. Bottoms can take some time to form.
SPX and equities might resist the stormStrong earnings are surprising everyone with positive cash flow, the disaster has probably not been felt yet.
Rather, fully...
A guy in finance told me his teacher said rates takes at least 8 month to be digested by the equity market.
Just an idea.
USD going down to go upDXY frenching 200ma, I don't think he's letting go anytime soon.
Let's see him retest it with a beautiful potential 61.8 level correspondence.
Simple and easy like that,
Also concords to Feds meeting previsions... let's see the 50bps
XAUUSD SHORT TO 1764This here is a sell to buy trade. We are catching the retracement on Gold (Wave 2), before re-entering more sell positions from the supply zone & targeting new high's around $2,160 - $2,240.
Different lines, different storiesI have drawn two different support lines (I name it "higher" and "lower" support). One regards the monthly closed as the low point of the support line and another one regards the monthly low as the low point of the support line.
The higher support line is clearly broken and is retesting (breakout n retest) while the lower support line still holds and has provided short term upsides momentum.
Obviously two different support line give out two different sceneries. The higher support line suggests we are already in downtrend since the support is broken; The lower support line suggests we are still in uptrend. While two stories entailed by two different verisions of support lines are contradictory, it suggests a high probability of consolidation in the next few months such that the index will fluctuate between two lines. It implies the current index 12304 is the local high which provides us an opportunity to short targeting the lower support line.
2/27/2023 (Monday) SPY Analysis and Market Deep DiveMonday 2/27/2023 - In this Video I discuss The technical analysis of the SPY ETF which is a proxy the S&P500 that is often a tell on general market movements. I also discuss broader market Macros I have been watching including last week's and next weeks economic events. We also discuss some recession indicators, and other charts that show headwinds and tailwinds to equities.
In the Trading View App, You can use the links below and hit play, so you can see the action from the dates the charts were published. I will keep this going so we can follow outcomes to analysis!
SORRY I RAN OUT OF TIME, I ONLY HAD a minute to go and I would have had to start from scratch as TV tools dont edit. Sorry!
US500 longEquity rally due to systematic buying and HF short covering. Short interest has halved from
the Q4 highs for EU equities, but is still elevated in the US. Macro HFs and CTAs have turned
outright long equities, and their exposure is close to 12m highs, yet still below average. Long
short funds have also reduced short positions, but their net exposure remains low too. Risk
control funds’ exposure has increased only modestly and remains depressed by historical
standards. So there is room left for more systematic/HF buying. In contrast, mutual funds
remain long cash and have dumped equities in recent months. As a result, their equity beta is
close to the lows. Similarly, the bid from retail investors to equities has waned, with US
households turning outright sellers of stocks. ©Barclays Equity Research
