akhil1206

akhil1206

Nifty spot making rare bearish TK cross on the daily at 18000. Sell at 18000 for downside tgt of 17400 stop any candle close above 18250 spot.

akhil1206

Comex Gold is still in bearish territory with daily and weekly candles still below the cloud and monthly not looking good either. Bulls needs to close firmly above weekly cloud resistence of 1870. All that talks of 3000 usd which we have been hearing since last aug on gold is just a waste of time. Weekly sell below 1740 to get to last swing low of 1680 and...

akhil1206

Simple ABC on weekly dxy eyeing fr the ideal 1.618 tgt area of 96.30. 92 to be held on daily being an absolute must to play out the pattern.

akhil1206

ICICI posted a doji candle on daily near the kumo support. With a bearish(weak) tk cross visible on the daily price is expected to head even down but not without catching the equilibrium of tk. Plan for buy setup above the close of todays doji or buy above the high of the today doji to catch the equilibrium of tk which is at 712/14 stop is absolute low of...

akhil1206

Gold had a major upmove on the monthly time frame and now its between the Tenken and Kijun on the monthly time frame. Almost the entire world is bullish on gold with central banks purchasing more gold in there kitty and the fundementals all poining for an hyper infaltion with gold being the safe bet. Tat being said a contrarian bearish call on gold wud be a ...

akhil1206 Updated 

Corrective ABC on nifty on the daily time frame... B has retraced beyond the 76.4%in WXY pattern . If its the starting of the C leg down ... it should be in a 5 wave down.. seems we have already started the move in the form of 1st wave being a classing abc first leg down. once the wave 1 and 2 of C is finished we should get the entry point for our short to get...

akhil1206 Updated 

We had a significant parabolic rally in comex gold from 1820 level and made an all time high of 1981.. during the entire move time we made a continous 9 green candle followed by red on the 10th day. Now if we get such continous green or red candles on any time frame, its generally due fr a correction,, if we doesnt get on 10th look fr 12th candle.. Tat being...

akhil1206 Updated 

Possible ABC corrective move in the form of 3-3-5 wave... C is int he making potetnial tgt 153.. extension of C can take this to 160/62... So buy on dip is the Startegy fr NAtty in coming weeks.

akhil1206 Updated 

cable is getting a TK cross on the daily chart... look fr buy above todays candle high ... to retest 1.27500 and 1.30000 and higher tgts... Stop daily candle close below the cloud.

akhil1206 Updated 

W D GANN said significant changes in trend may take place on the following trading day counts of 11, 22, 33, 45, 56, 67, 78, 90, 101, 112, 123, 135, 146, 157, 168 and 180. Now we are at the 45th candle bar from the high of 20th JAN 2020 ,,hope we can pick some upside momentum from here.. best trading IDEA wud be to buy above todays candle high ..ideal stop is...

akhil1206 Updated 

Gold made a kind of Morning Star DOJI Pattern (not perfect) on the daily and followed it with a bullish confirmation candle indcating we cud potentially have a short term swing low...if tats the case then look fr buying opportunity fr a short term recovery.. Buy above 1186 look fr 23% retracment of 1205-8 Stop is at 1160...

akhil1206

USO fund left some gap on the way up from 9$ levels... need to fill those .... Selling advised fr downside tgts...

akhil1206

look fr a trendline breakand close to retest the last swing low....bearish cloud macd negetive.........looks like finally time's up fr u DJ.

akhil1206

bearish twist now well formed on the daily....look fr a sell belwo 60 fr tgt of 58.20 sl close above 62.50 ..MACD also now below 0 line on the daily time frame.....now just need a fundamental push...

akhil1206

CL futures formed a bearish kumo twist today ......so wait fr a close below the cloud for further downside.....sell below 60 fr 58 and 56 Sl close above the cloud

akhil1206

Sell crude below 63.60 tgt 63 Sl 64.10 exit before mr JP's testimony speech

akhil1206

possible Double bottom formation ....keep an eye on it

akhil1206

just buy it and wait fr a year...