VigneshIyer

VigneshIyer Updated 

In this one hour chart its quit clearly especially the highlighted part that a inverted hammer on the upside trend resulted in long black candle followed by a doji. For people who dont understand Long black candle + doji combination it is as follows : "After a decline or long black candlestick, a doji indicates that selling pressure may be diminishing and the...

VigneshIyer Updated 

I am not the most comfortable drawing pattern in such a short time frame but with F&O stock one tends to see some movement between Support and Resistance. I feel a pattern has emerged here and the support is waiting to be broken but the resistance line target too large to be ignored. . An ideal time to enter the trade tomorrow will be when some price action is...

VigneshIyer Updated 

There is a certain direction to Bank nifty and for people who feel they have missed the rally of stock here is a dark horse that seems to be completely neglected for reasons unknown (non technical). With repeated rejection from the resistance point and a strong consolidation on the upper side of the channel within which the stock is moving one can be certain that...