vanathi

vanathi Mod

Price has broken the resistances ie lower trend line of the channel and ascending triangle. Now price is nearing the important zone 23300. Sustaining 23000 is important to be bullish. Buy above 23320 with the stop loss of 23280 for the targets 23360, 23400, 23440 and 23480. Sell below 23240 with the stop loss of 23280 for the targets 23200. 23160 and 23120. Do...

vanathi Mod

I have taken daily time frame for analysis today. As per the chart, price is below the support, but today's move is bullish. To move up further price has 2 road blocks. 1. Resistance zone 23240 - 23320. 2. Trend line resistance. Price have to cross these two hindrances to move up further. It will be needing more bullish power to do that. Do your own analysis...

vanathi Mod

Price gave trending bullish move today. 48800 - 48840 is the support and 49260 - 49300 is the resistance. Price have break this range with force to give a trending move. Buy above 48840 with the stop loss of 48740 for the targets 48940, 49020, 49120, 49200, 49320 and 49460. Sell below 48660 with the stop loss of 48740 for the targets 48580, 48500, 48420, 48300,...

vanathi Mod

Price consolidated in the opening session and gave up move/break out. Price faced resistance at the channel trend line and fall down. 23000 is still the trend deciding zone. Buy above 23030 with the stop loss of 22990 for the targets 23060, 23090, 23140, 23180 and 23220. Sell below 22960 with the stop loss of 22990 for the targets 22930, 22900, 22860 and...

vanathi Mod

Gap down opening today and price moved within the range of 600 points today. 76000 is the strong resistance as of now. Buy above 75340 with the stop loss of 75260 for the targets 75440, 75520, 75700, 75820 and 75940. Sell below 75140 with the stop loss of 75240 for the targets 75040, 74920, 74800, 74720, 74640 and 75520. As per daily chart, price is moving in a...

vanathi Mod Updated 

Price moved in range between 23000 to 23400 through out this week. 23000 is a strong support zone. Price is bullish as long as it is sustaining above 23000. In daily time frame price is testing support zone and should move above it to be bullish. Buy above 23060 with the stop loss of 23010 for the targets 23100, 23140, 23190, 23240, 23300, 23360, 23420 and...

vanathi Mod

Price was having a steady uptrend and now it is at important zone to decide about the direction. As per the daily chart, price is forming a falling wedge. Buy above 1300 with the stop loss of 1290 for the targets 1312, 1326, 1334 and 1348. Sell below 1286 with the stop loss of 1296 for the targets 1274, 1262, 1250 and 1236. Do your own analysis before taking any trade.

vanathi Mod

We did not get big movement in the morning session today. Price took support from 23000 in the afternoon and moved up. Now price is at important zone. Buy above 23160 with the stop loss of 23120 for the targets 23200, 23240, 23300 and 23340. Sell below 23080 with the stop loss of 23120 for the targets 23040, 23040, 22980 and 22940. Expected expiry day range is...

vanathi Mod Updated 

Price is at triple bottom support, which is a bullish pattern. At the same time it is consolidating in the formation of descending triangle which is a bearish pattern. So how to trade? Let us decode it. Buy above 738 with the stop loss of 731 for the targets 746, 752, 760 and 768. Sell below 724 with the stop loss of 731 for the targets 718, 712, 704 and 696. Do...

vanathi Mod Updated 

Movement was bit choppy last weak and price tested the patience of option buyers. Still 23400 zone acts as an important zone to decide the direction. Buy above 23220 with the stop loss of 23180 for the targets 23260, 23320, 23380, 23420 and 22460. Sell below 23140 with the stop loss of 23180 for the targets 23100, 23060, 23010, 22960 and 22900. As per the daily...

vanathi Mod Updated 

Price is moving in an upward channel and now it is at channel support. Sustaining above 77000 is important to be bullish. News can affect normal market movement. Buy above 77120 with the stop loss of 77020 for the targets 77200, 77320, 77400 and 77520. Sell below 76900 with the stop loss of 76980 for the targets 76820, 76700, 76620, 76540 and 76440. Do your own...

vanathi Mod Updated 

I have found interesting patterns in different time frame. In lower time frame price has formed an ascending triangle, and it is testing the bottom of the channel. Also price is consolidating in a narrow range. In daily time frame, price is forming a descending triangle and testing the upper trend line of the channel. So two time frames with different direction....

vanathi Mod

Daily time frame shows that price is at double bottom support. Lower time frame shows price is consolidating at the support zone. Sustaining above 1230 is important to be bullish. Buy above 1232 with the stop loss of 1222 for the targets 1244, 1256 and 1268. If price did not gain bullish strength, it may move in range. Do your own analysis before taking any trade.

vanathi Mod Updated 

Price gave two side move today and in that process it has formed an ascending channel. And now price is at the channel support. Buy above 2326 with the stop loss of 2306 for the targets 2348, 2372, 2394 and 2408. Sell below 2285 with the stop loss of 2305 for the targets 2268, 2240, 2210 and 2192. Do you own analysis before taking any trade.

vanathi Mod Updated 

Bank nifty surprised me today by giving more trending movement compared to nifty. Bank nifty was lacking trending moves once its weekly expiry was reduced to monthly expiry. 😢 Coming back to the analysis, price is moving within a channel today. Price is testing the lower trend line of the upward channel and sustaining current level is important to be bullish. Buy...

vanathi Mod Updated 

We had a nice down trend today. May be it will lead to range movement tomorrow. Anyhow let us plan the trade. Range move is possible in the zone 76200 to 76400. Price have to sustain above 76500 to be bullish. Buy above 76540 with the stop loss of 76420 for the targets 76640, 76740, 76860, 76980 and 77120. Sell below 76260 with the stop loss of 76360 for the...

vanathi Mod

We had a down trend last week. Price had a nice fall. In daily time frame 23240 - 23280 has support zone which may act as a double bottom. As per one hour time frame we have support at 23400 zone. Buy above 23440 with the stop loss of 23400 for the targets 23480, 23520, 23580, 23620 and 23660. Sell below 23340 with the stop loss of 23380 for the targets 23300,...

vanathi Mod Updated 

After the latest change in lot size, price is moving with more strength. Nifty will be an attraction to more option players in future and it is better to learn better to trade with increase in lot size. Always trade with a plan and know your target, entry and stop before taking any trade. Coming back to the analysis, price was moving with strength and formed...