Rising wedge is a bearish pattern . Price range is wide in the bottom and narrows when price moves higher. Volume will decline as prices rise and the price action forms a wedge . Price will fall when the support is broken. Falling wedge is a bullish pattern. Price will move up when the resistance is broken.
Finally nifty has broken the resistance around 9920 to 9935 level. Price action have to sustain above 9900 to be bullish for the targets 9990, 10040 and 10090. On the other hand, breaking 9900 will make the price to move towards 9850,9790 and 9760.
Price action will be bullish breaking the resistance at 24500 for the targets 24620, 24740 and 24900. On breaking 24350 price will move towards 24220, 24140 and 20000.
Buy above 24300 with the stoploss of 24260. Targets are 24380, 24440 and 24520. Sell below 24260 with the stoploss of 24300. Targets are 24180, 24100 and 24030.
Buy above 9930 with the stoploss of 9900. Targets are 9960, 9980 and 10,000. Sell below 9900 with the stoploss of 9930. Targets are 9870, 9840 and 9820. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to...
Buy above 9890 with the stoploss of 9870. Targets are 9915, 9935 and 9960. Sell below 9870 with the stoploss of 9890. Targets are 9840 and 9800. Strong resistance is at the level 9920 - 9930. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are...
Buy above 24310 with the stoploss of 24270. Targets are 24370, 24420 and 24460. Sell below 24270 with the stoploss of 24310. Targets are 24200, 24120 and 24000.
Buy above 621 with the stoploss of 618. Targets are 625, 629 and 633. Sell below 618 with the stoploss of 621. Targets are 614, 610 and 606.
Buy above 508.2 with the stoploss of 505. Targets are 513, 518 and 522. Sell below 505 with the stoploss of 508. Targets are 501, 497 and 494. Follow your trading plan always.
Buy above 24180 with the stoploss of 24140. Targets are 24260, 24340 and 24400. Sell below 24100 with the stoploss of 24140. Targets are 24000, 23920 and 23850. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price...
Buy above 88.2 with the stoploss of 87. Targets are 90, 91.5 and 93. Sell below 87 with the stoploss of 88.2. Targets are 85.5, 84 and 83. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for...
Buy above 9830 with the stoploss of 9800. Targets are 9860, and 9880. Sell below 9780 with the stoploss of 9810. Targets are 9750 and 9730. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry...
Buy above 993 with the stoploss of 988. Targets are 1000, 1010 and 1018. Sell below 988 with the stoploss of 993. Targets are 982, 976 and 970. This is not an intraday call.
Buy above 9950 with the stoploss of 9925. Targets are 9980, 10040 and 10060. Sell below 9910 with the stoploss of 9935. Targets are 9870, 9840 and 9800. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to...
Buy above 24420 with the stoploss of 24380. Targets are 24470, 24560 and 24660. Sell below 24340 with the stoploss of 24380. Targets are 24260, 24180 and 24000. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price...
Buy above 432 with the stoploss of 429. Targets are 435, 438 and 442. Sell below 429 with the stoploss of 432. Targets are 425 and 420. Trading rules.for "Vanathi Waves" 1. Enter trade after seeing price action for 15 mins. 2. If you are bullish wait for the price action to give entry for long. 3. If you are bearish , wait for the price action to give entry for...
Query : I have a good trading strategy. Recently I am not finding trade set up as per my strategy and it is frustrating me. What to do? Does it means my strategy is wrong? Answer : Ups and downs are the natural things in life. Like that every strategy has its own time. Its not necessary that a strategy to produce good result/trade set ups always. It means you have...