xTako

xTako

From Oct 1 to today, Alt coins (or BTC only strength) are basically down only. It even took the lows from years ago, the lows from the Aug. For the first time, the daily srsi has turned green. It looks like a steal at the current prices. Right time to lever up.

xTako

Nifty trends in HTF. The first target is the election highs. 8% down from here. USDINR breaking out confirms the scenario.

xTako

Look at the Vol Compression, on the weekly. Cant help but think, this is expected to significantly breakout to the upside.

xTako

2685 the current top is close to Daily BB High and Weekly BB High at 2700. Daily StochRSI has completely reset at these levels. Hope you have a solid position in Gold! Expect the breakout here to swiftly take the price to 3000.

xTako

The Adani Group stocks reached current levels almost 1 year ago, Dec 2023. They have stayed there with very minimal volatility except on the Election results day. Long period of No volatility will normally be following with high Vol. Since there is no upward pressure this vol is likely to manifest downward.

xTako

Eth has underperformed the market for a bit It was consistently shot down On a relative performance basis, expect Eth to massively outperform BTC and SOL for the next leg.

xTako

We are at a 4% continuous DD on NIFTY since the VIX signal to short a day before the the waterfall. Should one wait for a pull up before more downside or wait for a range to form? Really hard to answer, but a good positioning is on either side. Wait for hourly BBH to be breached or get in when the low gets broken.

xTako Updated 

At the open today, the vix dipped so low to take liquidity of all Long options. There is only 1 way for Vix to go now. Vix can only go up now. And that can happen only when Nifty goes down. Time to sell 26000 CE and buy OTM Puts. I did.

xTako

I like FTM, HNT and RARE due to its Quantitative params today. I have bid equal size on each, on cross margin. All 3 have good chances of a significant breakout. Expect the combined position to gain 50% in a week or two.

xTako Updated 

Watch the chart carefully M, W, D and H. On the last hours of Friday, at the end of the quarter, post expiry, RELIANCE reclaimed a lost September Line from the Covid lows. I'm long and will be adding to the longs on Reliance for Q4. If necessary to hedge, I will short equal size NIFTY, unless this line is breached under again.

xTako Updated 

In Apr 2020, at the covid lows, Reliance/NIFTY exceeded a level. That level repeatedly held. It is now on the verge of breaking down. This really means something. I'm not informed enough to know what exactly this means. I'm hoping to connect the dots, in a few weeks at least.

xTako

In Jan 2023, NIFTY_TOTAL started outperforming Nifty Pulled up repeatedly despite election uncertainty, FIIs pulling out and many FADs Finally, in the last week of Sep 2024, this has closed under the WBBB Almost a 2 year trend has come to a close What this means, will be known in a few weeks, if not sooner. Do you know what this means? What happened...

xTako

HSI index is up almost 30% in just the last few days. But if you compare it from the Covid lows, it is barely there even now. Nifty and SPX meanwhile have done a few multiples. The PE levels of these Chinese/HSI companies are a fraction of that of SPX and India.

xTako

The StochRSI Daily has done a bearish cross. Watch out! The Go signal is the crossing of the DBBL

xTako

The Last time this happened, Japan crisis happened that Friday and carried on the following Monday. Markets are always telling you something. But they have their own language. Do you understand it?

xTako

The Last time this happened, Japan crisis happened that Friday and carried on the following Monday. Markets are always telling you something. But they have their own language. Do you understand it?

xTako

Among the best Pharma chart as of now. Only 13% in Aug under a monthly expansion.

xTako

MSTR DD is complete and back in business. The next target for MSTR is 333, which is a clear 2x+ from here! (Remember the NVDA gap up, before 3x.) I don't know when, may even be in a couple of months or quarters. But I do know, that should happen before the market down turn. That will be a market top signal, if there ever was one and the day to sell your...