vanathi

vanathi Mod Updated 

Price action is at the support of upper trend line and bearish below 25330.

vanathi Mod Updated 

Nifty made new high today and fall for more than 50 points from there when closing. Lot of people panicked, thinking correction has started. Price action is at the support of upper trend line and correction has not started yet. Correction wil start once this upper trend line becomes the resistance for the price action.

vanathi Mod Updated 

Priceaction has broken the downward trend line with volume indicating bullishness. Can buy above 263 with the stop loss of 259. Targets are 275, 282 and 288. Swing trade. Price action will remain bullish as long as it holds the trendline.

vanathi Mod Updated 

PriceAction is trending in downward channel. I expect it will take support at 617. Trading strategy here is sell on rise.

vanathi Mod Updated 

Whenever I check for investment stocks, most of the time I find rounding bottom or cup and handle pattern. Here comes another rounding bottom formation in Electrosteel steel ltd. Rounding bottom will get completed around the level 12 - 13. Break out after that will give gain of another 5 to 8 points. But this investment will take more than 2 years of time. A very...

vanathi Mod

PriceAction has to break the range 10590 - 10660 to give good movement. Till it breaks, we will have range bound movement.

vanathi Mod Updated 

I am simple, yet strong. I am powerful, yet meaningful. I am sweet, yet non manipulative. With these words about our ultimate index, I am thanking nifty for guiding me in the year 2017. As per the levels nifty is buy above 10540 for the targets 10590, 10620 and 10650.

vanathi Mod Updated 

Priceaction looks bullish. Buy above 734 with the stop loss of 728. Targets are 740, 748 and 752.

vanathi Mod

What happens when downward channel meets trend line support? Channel is already broken, but priceaction should hold/move above the supporting trend line to be bullish.

vanathi Mod

Priceaction need to close above the trend line to continue the uptrend.

vanathi Mod

RSI indicates priceaction is showing weakness. Sell below 306 with the stop loss of 310. Targets are 300, 295, 290 and 286.

vanathi Mod Updated 

Chart Speaks...

vanathi Mod Updated 

Chart Speaks...

vanathi Mod Updated 

Priceaction remains bullish as long as it holds 25580 for the targets 25640, 25720 and 25800. If priceaction breaks the level 25500 - 25520, it will move towards 25420, 25360 and 25320.

vanathi Mod Updated 

Priceaction remains bullish as long as it holds 10425 - 10440 level for the targets 10520, 10560 and 10590. Bearish below 10400 for the targets 10360 and 10320.

vanathi Mod Updated 

Priceaction is trending inside an upward channel. On sustaining at the level 430, it will move towards 436, 442, 450 and 455 with the stop loss of 424. Swing trade.

vanathi Mod

Chart Speaks...

vanathi Mod Updated 

On breaking 10440 priceaction will move towards 10410 and 10380. If 10440 didnt break, we will get range bound movement between 10440 to 10480.