yossarian121

yossarian121 Updated 

US banks have underperformed vs major indices of late giving up most of their post covid gains Bulls need to defend here

yossarian121 Updated 

IDFC is quite overbought on daily and weekly timeframes. The structure looks like an ED We are currently at potential resistance zone Shorts may be tried here

yossarian121 Updated 

Silver has given almost 30% returns in less than 2 months It is overbought with some warning signs flashing. Longs should be cautious near term Stance is neutral as you want to see some reversal before getting bearish

yossarian121 Updated 

Finnifty has broken trendline to upside. Look to add on dips for higher levels

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Nestle is at weekly resistance Expensive stock , overbought. Longs should look to book out

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Divis bounce has halted precisely at marked reistance Last qtr post results saw a sharp dip. Sell with SL on Close above 3380

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Heromoto has turned bullish on a host of indicators The moving average crossover highlighted here sometimes gives big trending moves. Long

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DLF had a stellar rally Now at trendline resistance. Risk reward on fresh longs is poor Longs should trim. Aggressive traders may try shorts

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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

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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