sagarkasukurthy

sagarkasukurthy

Straddle with a slight bullish bias is the way to go I believe. Making a nice base around 41.5-43. As long as overall market holds up, you should be okay to be cautiously long.

sagarkasukurthy Updated 

Supports at 4200 and 4160. Possible reversal there

sagarkasukurthy

Massive cup and handle spanning a decade. Intel is not going anywhere. If Intel fails, America has failed! That's not going to happen

sagarkasukurthy

1. Possible triple top at 4590. 2. 100 SMA, bears last stand 3. Fibanocci 61.8. When we rebounded in January, the Fib 61.8 stopped the upside run. 4. TD9 on Monday 5. 4600 round number algos

sagarkasukurthy

Will decide whether its bullish or bearish depending on the reaction at that level

sagarkasukurthy

don't make big money moves yet. wait for the range to break, it will re-test and IF IT FAILS, thats when you make the big money move

sagarkasukurthy

if we have a look below and fail, no support for atleast 50-75 points.

sagarkasukurthy Updated 

we need to see the reaction when we touch the line - acceptance with volume - bulls happy

sagarkasukurthy

Expecting a small 3% healthy pullback to the 4545 - 4560 area for the monthly opex on the 19th. Its good and healthy for the long term to keep the bearish divergences in check and to test the 21 moving average.

sagarkasukurthy Updated 

There is a gap to be filled below 53.85 - 56.9. 200 DMA is also around the same area. Go long around 52.5 - 54 area. Incoming CEO's decision to not outsource is the best path forward. Folks will realize this sooner or later