xTako

xTako

Chinese Equities have been consolidating for 2 months now. Yesterday it reached the bottom of the current trading range. Expect it to go at least to the top of the range (+20%). Of course looking for the expansion above the top of that trading range too.

xTako

The price never goes down The price is sticking to the DBBH USDINR (if) when expands, expect a big expansion.

xTako

Amazing last month from Election all the way until the last weekend. The crypto currency Mcap (excl BTC, Eth and Stables) grew >150% in this time. Expect this market to range in between 700B to 900B for a few weeks atleast. This is a good time to rest relax, rejuvenate, not take any positions and prepare. Coz, what follows on a breakout is going to be...

xTako

NIFTY 25000 CE traded above 1800 at it's peak. Since then, it has come so low. In the last few days of nifty moving high, this option has not even crossed the DBBB or 20 SMA. Option traders are betting that there is no chance for the Nifty to go over 25K by the end of December.

xTako

BABA just did a daily close under the Weekly BBB. And then it bounced. Chinese equity has been sideways-down since the impulse up 50% in a week. I'm calling the bottom of that sideways-down movement. Chinese equity to run now.

xTako

BABA just did a daily close under the Weekly BBB. And then it bounced. Chinese equity has been sideways-down since the impulse up 50% in a week. I'm calling the bottom of that sideways-down movement. Chinese equity to run now.

xTako

Since it touched a price of 100 in Sep, MSTR has become a rocket ship. It has so far gone 5x+ already. And is set to open at 525. In a rocket ship like this, have your allocation, wear your seatbelt and sit tight.

xTako

Our system picked distress brewing in Adani group Valuation early on in Sep: We had to ignore it in favor of the long Pharma that happened in that month. The system reiterated again about the upcoming distress in this group and we shared it on Oct 11: This isn't over. This is far from over. Secure yourself from the Indian markets for now.

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.