BRENT 4h PMARP breaking out of DTL
Trusted investing communities
Inside the mind of the top investors
Experience Slice App, a social platform where you can learn from and engage with top investors.
My X screener report on sugar (11th Nov)
Overnight sugar talk on X (about 08:00 HKT 11 Nov to 08:00 HKT 12 Nov) was light on ICE #11 and London #5 futures — almost no settle or cents-per-pound posts showed up — and heavier on policy and miller commentary. China import demand and EU beet/white-sugar talk were largely absent.
In India, the loudest thread was ethanol policy. Tehseen Poonawalla argued blending has turned India from a ₹50,000 crore-a-year sugar exporter into an importer, lifting prices without enriching cane farmers, with Karnataka growers still seeking payment. A Balrampur Chini Mills Q2 FY27 call summary said sugar-segment PBIT rose 166% year-on-year to ₹140 crore on stronger volumes and realizations, while distillery margins were squeezed by a three-year freeze on ethanol procurement prices despite a 16% cane FRP hike. Management cited a 2025-26 inventory drawdown, expected 2026-27 production declines in Maharashtra and Karnataka on El Niño (Uttar Pradesh stable), a 10 lak
NDX 100 Technical Analysis (Revisited)
After Thursday's near-washout day, I called for NDX and NDX/VXN to at least revisit their middle Keltner Channels.
They did. NDX gapped above 200D MA resistance (bullish) and formed a moderately bullish candle with some hesitation before stalling at the middle Keltner Channel.
The key question: Could it revisit the 50D and 100D MA resistances that previously rejected it?
$NBIS
NBIS is bouncing hard, but the weekly chart still needs to prove itself.
After hitting a low near $110 last week, NBIS has recovered roughly 40% to $154.69. Impressive bounce, but it’s still down nearly 50% from its $300 peak. The bigger structure remains damaged, with a series of lower highs and a breakdown below the 50-week moving average. Key level to watch is $164. This was major support during the uptrend and is now the first resistance. A weekly close above it would be the first meaningful sign of recovery. Above that, $175–185 is the next major resistance zone. On the downside, $147–148 is the immediate support area, followed by $125 and eventually $110 if the bounce fails. RSI at 43.8 is recovering, but accumulation/distribution has collapsed from roughly 30B to 3.6B, suggesting significant distribution. Also, selling volume was much heavier than the recent buying volume. This is still a relief bounce within a broken uptrend. If $164 gets rejected, the setup could turn in
$CRWV | $NBIS | $BE | $INTC
Relief Bounce or Trend Reversal?
All four stocks sold off sharply into Nov. 5–6 and have now delivered a strong green bounce. But don’t confuse a sharp recovery with a confirmed trend reversal. All four are still dealing with declining moving averages and overhead resistance.
Technical ranking: $CRWV > $NBIS > $BE > $INTC
$CRWV — $61.81: Strongest setup. Up roughly 25% from the $41 low, supported by the highest volume of the month at 115M. First resistance is $65, followed by the 50-day MA near $73.73. Volume and accumulation indicators are improving.
$NBIS — $159.88: Constructive recovery, up approximately 40% from the $113 low. However, volume is only average. Holding $150 is important. The 200-day MA near $179 is the next major test, followed by the 50-day near $198.
$BE — $216.28: Approaching a major trend test. The stock is just below its 200-day MA around $222. A convincing close above $222 on stronger volume would improve the technical picture. The 50/100-
SLV - An Exemplary Trade Setup
§ With the following chart, I want to illustrate one of the most powerful EWT-based trades.
§ We do not know for sure whether the last low was the ultimate low or lower lows to come.
§ We know the following: 1) Cycles are pointing up; 2) There was a positive RSI divergence at the low, and 3) SLV made seemingly five waves up -> After a pullback in three waves, there should be at least another move up in five waves.
§ Thus, we expect SLV to move higher.
§ There are two alternatives: A) Black a-b-c, and B) Green i-ii-iii.
§ Let us assume that SLV pulls back to the cycle target, which aligns with the typical pullback move to the 61.8% Fibonacci retracement; these two together represent a high-probability pullback target, so let’s assume one buys SLV in the target area.
§ Consider case A): There is about $2 at risk to the Stop, and about $4 of potential profit; thus, reward/risk is 2:1.
§ Consider case B): There is at least about $6 of potential profit, but co
Discover
Find the mentor that matches your market style.
Rajeev Desai
@Rajeev Desai
In Indian stock market for over 30 Yrs. Not SEBI registered or not registered anywhere in the world. AS PER SEBI GUIDELINES-- I CAN'T GIVE BUY/SELL/HOLD CALLS. I CAN'T GIVE TARGETS. I want to write that , this is a mentorship platform. If you want to buy stock I discuss, do it at YOUR OWN RISK. For any queries to this site, Silce, write here, contact@slice-app.io
