CompoundingGain

CompoundingGain

back to reality and as expected nifty has bounced nicely was thinking we go take liquidity1 below vwap first then go for the equal highs looks like it wants 24694 liquidity first plan is to risk off around liquidty 2 level since have been 90% in equity so would ike to free up some cash/ammo acceptance below blue line then we likely go for vwap below

CompoundingGain

Bang on 200 ema on H4 and D1 Reclaiming vwap from ATH is our next zoi For now surely some sort of chop for the next impulse BTFD mode

CompoundingGain

Hola people! expecting this to dip below the 200 ema and take liquidity would love it to slice through but surely some sort of reaction there currently at a key level of 103.650 which was our range high in Jan 2016 so acceptance below this along with a close below the weekly 200 ema should get things moving quicker let see what we get on the weekly close...

CompoundingGain

V shape recovery in progress like it sliced through all supports on the way up should be the same way since no levels were built congratz if you bought the fear and the sweep of 204 .First key level to reclaim is 265 above where all the good news will start rolling out looks like the inclusion in nifty50 should take us to 265 easily price discovery to the...

CompoundingGain

finally at our line in the sand and confluence of 200 ema on the 3 day wee bounce here then we break the 200 ema and start moving like jagger first reaction assuming some sort of squeeze of shorts before more downside

CompoundingGain

breakout of a 2 year plus range and rejected from 200 twice lets see if we hold the yellow line for a retest IF given may wanna get some since this should fly once its flips the 200 with more fuel this time around invalidated below with acceptance below yellow line

CompoundingGain

back to where we had the bullish engulfing breakout with the rbi pumping in $2 billy hold here pls same thesis as before with the dollar index have some relief with a tag of the 200 ema on the daily this pull back was expected now we see if we sweep and reclaim white thick line or go from here . obviously invalid with acceptance below white thick line by the...

CompoundingGain

good spot to give the people what they want uptrend reclaim rejection along with previous range high as long as we stay below alts have a sliver of hope longed some usual suspects with fresh ammo since got rekt on the 3rd flush lets see where the weekly closes below 60.7 we golden above we get rekt again . simples

CompoundingGain

Hi , Plan B activated with us loosing the low and no reaction towards the end of day the dotted line 22417 is our next zone of interest Dollar index is bouncing from its 200 ema on the daily so should put some pressure here as well .107.296 reaction is key either way pain for a few weeks more then we rally back like china did 20th sep 2020 was the last...

CompoundingGain

Hola Folks, looking back NIfty50 under the 200 ema has always been a value buy and once the chop is over and sentiment is better, we should go on to make a new ATH 23660ish the zone to flip for confirmation imo Let's assume Plan A as per earlier Nifty post falling wedge and on LTF the 3 tap does not play out and we lose our current support then in this...

CompoundingGain

added some more here although went heavier in Jio F but would have been rude not to add to this since am a fair bit down CDMO space is set to grow so this should as well .simples. IPO listing pattern of pump dump and make people cry is almost over imo yellow line above is where vwap is from ath and also the reclaim we want for rewarding our conviction

CompoundingGain

looks like its time to come back to life further to my dollar index post earlier assuming top is in for it for the next 4 years at least this should make its way to the yellow line above .012 let see bearish retest or it reclaims is rsi cross below as well

CompoundingGain

stoch topped out and assuming we cross it to the downside and loose 103.65 to start the acceleration to the downside alternatively flip yellow line and breaking out would be no bueno assuming it does start its descent would be a life saver for quite a few currency which have been struggling and give some relief along with making those countires more attractive...

CompoundingGain

so a rate cut of .25% has dropped the nifty by .25% for now ;) expect this to hold otherwise we go visit 23347 or dotted line below then run it back up again for now waiting for a recovery and reclaim of yellow line Break out of the pennant was not gonna be easy but once it does it should be worth it ..

CompoundingGain

107.9 close below is what would trigger some shorts still bearish on this bubba and recon LH made a few days before close above then we might as well head for 119 for now leaning towards a sweep of liquidity above then we start the descend 7hrs approx to go for fun

CompoundingGain Updated 

rsi on the weekly looks ready to cross up assuming we get some buying soon swept previous range low and a reclaim of 23026 is what is needed to go attemt 23450ish where the 50 ema is 22215 max pain and manipulation, final shakeout imo FOMC on wed and assuming fed cuts rates as Trump has suggested , other countries will take cue anyhoo deployed my last bit...

CompoundingGain Updated 

cleared up earlier chart zoomed out already deployed more into this at 247 and still want more approaching where the initial impulse began from so should see a healthy reaction IF we go there no brainer buy and forget IF you are on the sidelines or have ammo should go up the same way it came down with niftyy50 inclusion expected to be announced in Feb ....

CompoundingGain

will this be the one to lead the charge? still above 200 ema and due for some relief in range for now above white line sentiment flip and we move quicker below 200 ema dunno