yossarian121

yossarian121

Vix has imploded Currently approaching a major support zone Long

yossarian121 Updated 

The recent Natgas rally towards 2.3 was possibly a 5 wave sequence That has been followed by a deep ABC (ongoing or done) Narrow SL long opportunity with SL the red line

yossarian121 Updated 

Stock has reached multiple support parameters Good risk reward on longs here. SL on hourly close below 3600

yossarian121 Updated 

JSPL has doubled since its july low. Risk reward is poor on fresh longs Longs might want to exercise caution here. More of a long exit than shorts For buyers, better levels should emerge with time

yossarian121 Updated 

Tata chem is at 50% retrace of the rally from june to october and also entering a support zone Worth looking for positional longs here. SL on close below 950

yossarian121 Updated 

Crude has reached a potential resistance zone Sell between CMP (80.4) and 81 With SL 82 for lower levels

yossarian121 Updated 

Natgas is mega oversold at the moment Seasonality is usually good in april Look to go long hereon. Either manage risk with SL or puts risk reward is good hereon

yossarian121

After decent correction, nifty is at a point that bulls will want to defend Let's see if they are up to it. Neutral view. If we take out the highlighted curve will get bullish

yossarian121 Updated 

Silver has seen a sharp correction from the top around 24.5 Now approaching major support zone Accumulate between CMP and 20.4 SL as per individual appetite (around 20 for me)

yossarian121 Updated 

PSU bank nifty had a high momentum 3rd wave that terminated around 4600 Since then it has corrected 20%+ in what is likely a 4th wave Accumulate the names in anticipation of a 5th wave that should lead to highs towards 5000 on the index Invalidation point for the wave count is red line

yossarian121 Updated 

Brutal decline in Natgas Wave A=wave C. Momentum has crossed the signal line but price action is missing? Bears should be cautious hereon

yossarian121 Updated 

Gold around 1930 now. Longs should be cautious Trendline can be moved around a bit, depending on which points you want to pick but the point is still that we are at a risk zone

yossarian121

OFSS - the bias is bullish. The waves can be labelled as 1, 2 done and early stage 3rd or an A,B done and C higher going on. SL 2980

yossarian121 Updated 

Netflix had a turnaround qtr The gann fan structure suggests stock can move towards 350-375 over the coming weeks/ months

yossarian121 Updated 

NR has fallen off the cliff vs DXY starting sep end and coming off some extremely oversold readings Overdone IMO. Expecting INR strength on mean reversion

yossarian121

Stck is trading close to its recent support Zone. Decent risk reward on longs here for a move towards 1550-1600

yossarian121

This would be the likely wave count (bullish) Redline is a must hold. below that other (bearish) options open up

yossarian121

Importance of 17780 for the bulls. This has been the support/ resistance indicator since the COVID lows. Minor breach OK, major not OK for the bulls. Expect bulls to defenc this