Varthagam-Seivom

Varthagam-Seivom

Nifty Strength is getting weak. Expected to fall. More over 75% of the stocks almost reached more than 150 - 200%. so this will expect to fall. Even if nifty breakout done upside that may be the trap for retail traders. After the breakout nifty may fall.

Varthagam-Seivom

Currently it is in good momentum, and waiting for breakout. Breakout done.. huge momentum expected... To hold for Long term.

Varthagam-Seivom

Gap up expected in TVS Motors. expected to test the level of 645

Varthagam-Seivom

Federal Bank is under consolidation, now seems to breakout one the breakout happens it is expected to move 7 points.

Varthagam-Seivom

Explained in chart.. Entry needs to happen once breakout done

Varthagam-Seivom

Now HCL formed cyclic double bottom and completed W pattern. Also completed retesting zone.. time to perfect entry with stoploss....

Varthagam-Seivom

Entry As per chart

Varthagam-Seivom

Scenario 1: ( Triangle Pattern ) If M_M Price forms Descending Triangle pattern. Then is a Chance for Break out @ down side, If So Then the Entry Price Should be730 1st Target is 681.25 2nd Target is 663 Stop loss is 742 Scenario 2: (Cyclic Double bottom ) If The price Breaks above 781 Then the entry price is 781 after retesting the Zone from 798. Target is...

Varthagam-Seivom

Movements as explained in the chart...

Varthagam-Seivom

As explained in the Chart.. I have not placed stop loss. Take the stop loss based on the market direction and previous candle close.

Varthagam-Seivom

Currently Infy is in Horizontal channel pattern. Scenario 1 - If nifty price moves above 1340 we can take entry with target of Rs: 1378 and stop loss is Rs: 1323 (This is small buying opputurnity) Scenario 2 - And Price further continued and if breaks above 1388 then the we can take entry @ 1388 - Target 1453 & 1474, With Stop loss is 1374 Scenario 3 - If price...

Varthagam-Seivom

Currently reliance in Channel pattern and currently formed the triangle pattern inside the Channel pattern. Also in Critical Zone. Buy above if price breaks 2037... Sell Below if price breaks 1826 and it should break the trendline. Then Reliance will Fall.. Not advisable for intraday.. It is better to say away in reliance for retail traders Otherwise taking...

Varthagam-Seivom

For Buying ---------------- Buy Above 374.. But not advisable for Buy.. Cannot to see any buying pressure. Even Symmetric Triangle breakout happen in upper side, there is lot of resistance.. price will difficult to move upside. For Sell ---------------- Sell Below when the trend line breakout.. if the price tested the trend line again & if breaks this will...

Varthagam-Seivom

HDFC is perfectly taking the support of Trendline, Which is getting weaken. And also keep testing and taking support level @ 1364.. This support is also is getting weaken.. If the price Breaks the level of 1360, it may test the level of 1241 & 1171

Varthagam-Seivom

ITC has formed perfect triangle pattern. Expected to move as mentioned in the Charts.

Varthagam-Seivom

Small bullish movement expected

Varthagam-Seivom

1) CPR is lower than the previous day CPR level, it indicates Trend will continue tomorrow. Now the trend is downtrend. 2) If Airtel opens below previous day high the price will test the PDH and come bak to CPR @ 532 and if it breaks the CPR level it will test S1 or PDL or Major reversal zone which is highlighted in pink. 3) If Airtel open Between PDH and 3day...

Varthagam-Seivom

Scenario 1 Long: ---------------- Now Divislab currently made double bottom . Now in Lower time frame it is showing reversal indication of Hammer candle in lower time frame If Divis Lab moved above 3427 the we can go for Long and Stop Loss would be.3312 The 1st Target Will be 3686 & 2nd Target will be 3879 Scenario 2 Short --------------- If Divis Lab breaks...