yossarian121

yossarian121

Siemens has rallied towards the upper end of its trading range despite declaring poor results that saw downgrades The last move also looks like a 5 wave structure done. Longs should use this rally to exit. Aggressive traders may try shorts

yossarian121 Updated 

We almost hit the 61.8% retrace of the prior upmove. Selling pressure last few sessions has been persistent Bulls need to show their hand soon. On smaller timeframes (for intraday traders ) key intraday levels are 19.31, 19.38 and 19.51

yossarian121 Updated 

Watch out for a breakout on upsidehere. Will move fast once that happens

yossarian121 Updated 

XME (metals) have started the week on a bearish note after a 5 wave bounce that could be an A or a 1 Bounce backs in the short term will likely get sold into. Longs need to be cautious. Intra day rallies can be considered shorting opportunities towards 49-47.5 zone in coming days. SL recent swing high

yossarian121

The move from around 370 ended with sharp intra day decline today with a trendline break of the move from around 372. Longs need to be cautious here. Bounces will be shorting opportunities

yossarian121 Updated 

Longs should definitely be out of bajaj finserv. Aggressive traders may try shorts Environment has not been rewarding for shorts so a bit hesitant, maybe via september puts

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)