CompoundingGain

CompoundingGain

99 and 50 day on 15 minutes acting as support and this looks like its got another couple of weeks before we form a golden cross . Set up nicely for an intra day as well on Monday . stop loss below 50.90. This is the 6th attempt at breaking 55.40 and i recon it wants to break free gonna give this till the 14th of July .

CompoundingGain

Looks good on LTF shall update decent zone once we break 77 till 118. Lower time frame next

CompoundingGain

As of now nifty looks a tad fatigued out and no really oomph or volume to move us however the weekend should give it enough rest and come Monday it should start getting its mojo back ... Range getting tighter Golden cross on 4hr Weekly 200 day at 10300 so we are trading around it.( IF we do flip this i recon the daily 200 day will be taken down as well...

CompoundingGain

This looks like it decided not to fold after losing its double bottom and falling further to 55 paisa . so its already given almost 500% return to whoever hopped on in March :) However the MACD cross and volume increase looks like we have reversed , golden cross is about to form clear 5.75 where we have the 200 day as resistance on the daily . 10.75 target by...

CompoundingGain

It's been chilling for a month since 26th of May when it started its downward movement, looks to me as if a big flag is being painted on the daily with the 50 day moving up to offer support around 115 which i was hopeful for a refill. Looks like its forming this pattern and is ready to move again . Intra day hop off around 132.75 since its fairly busy there...

CompoundingGain

1690.35 currently Thought i'd have a look at his since its in the red today and apparently a favorite of many. Making a nice pennant on the daily with 3-4 attempts already at breaking upwards. Had a nice bullish engulfing a few days ago and now retraced just to where support is on the yellow line . Descending wedge in play i would say very low risk since SL is...

CompoundingGain

This broke out from a Downtrend since July 2018 and i recon its coming down to test the breakout zone and fly back up to 262 325 401 Just wait patiently to snipe this cause this will get bought back up , 165 would be your point of invalidation however i expect this to bounce from 176 if not before . It got rejected from the 200 day on the daily and is in the...

CompoundingGain

Still going as per my earlier outrageous call of 11950 as a target by end september :) ( please refer to it to see my thought process from Monday till today ) We have expiry's tomorrow since its the last Thursday and also had a nice rejection from the 200 day on the daily as expected . The reason i'm bullish given our lovely global outlook is that we WERE...

CompoundingGain

Easy money , all time graph clear reversal. Already had a decent pump from 36 to 50.50 and i feel it should continue till 65.40 possibly 70 where our friend 200 will give it a slight rejection to and then we go back down to refuel to 53 and form the golden cross on the way up on the daily. Q4 profits some 500 crore so people should start jumping on causing some...

CompoundingGain

Sitting just under resistance at 421 expect this to be taken out on open and the retest IF it happens is a good spot to load up. Recon this should fly to 574 then get knocked back a bit for a while before flying up with more power . Might be wrong and the FOMO on this may keep blasting it up , the downtrend line is not that far off so all indicators should...

CompoundingGain

Keep buying till 385 this should break out of the downtrend line maybe on today's open , if so buy the retest of the breakout. Counting on the news to pump it a little bit regarding FABIFLU . Levels are on the chart shall do a LTF next 700 should happen fast on this though 574 area does look busy . Remember buy the rumor and sell the news so be careful with this one.

CompoundingGain

Was anticipating some news for this a few weeks ago and since then has just been messing about. Just read that its got some sort of approval for COVID medication which should cause some interest in this and pump it . On the higher time frames looks like the bull flag has been painted with a golden cross on the 2 day chart imminent. Low time frame 636 has been...

CompoundingGain

Quick graph on Gold might buy the break out here on high leverage or at $1721 which looks like where the line in the sand is for the time being. Stop loss $1699.85 Target $1765 $1790 $1820 As mentioned in my earlier all time graph on Gold i believe we are just in the beginning of a 10 year bull run and am uber bullish for the shiny stuff. Good spot to get...

CompoundingGain

Lower time frame could keep our SL at 24.95 and go big on size this is going under the radar for now however every dog has its day . Trading above 50 & 99 day with 200 getting closer . it's a no brainer for me , had 2 nice trades with this in the past now i think its almost ready to pop. Please check high time frame graph for targets , if you are still holding...

CompoundingGain

Its getting closer to the apex and the moving averages are also about to meet up. The way i see it assuming this is not going to fold and the FUD has been cleared out there is only 1 way for this to go and that's up. 60 being the first decent resistance and should see a pull back from there to test the downtrend line also scare the weak hands. Long terms i...

CompoundingGain

Hola! Just trying to get a sense of how fast this thing is moving up and where possibly we should start getting concerned . As of now possibly a quick retrace to 10180 then up for the 2nd attempt at breaking 10355 , 3rd time lucky with a little volatility on Thursday with us dipping back to 10174. This should set us up nicely for another nice pump on Friday...

CompoundingGain

Just revisiting this from earlier and looks like its set for a big move once we cross 119 or have the golden cross on the daily.. Lovely big zone after we cross 119 . Another awesome trade for intra day if you check out the 4hr graph think 100 should offer good support since that is where the 200 is. It got rejected at first then has reclaimed it so i expect...

CompoundingGain

as i thought this baby is ready to go party resting beautifully on the 50 and 99 day on the daily and 4 hr .(GOOD FOR INTRA DAY ) Going to meet our friend the 200 day and knock him down fiercely so expect Wednesday to be a bog move by this one . 165 first target and 183 next the other targets on previous HTF chart . Hang around for the fun once the downtrend...