Price action is forming a rounding bottom. Buy above 329 with the stoploss of 326. Targets are 332, 335 and 338. Sell below 326 with the stoploss of 329. Targets are 323, 320 and 316. 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...
Nifty has taken support at 9470 - 9475 levels.Formed double bottom too.Immediate resistance is seen at 9520 - 9525 levels. Breaking the resistance will make the price to move towards 9565, 9590 and 9605. Trend deciding level is 9525.
Banknifty is forming ascending triangle. On breaking 23320, price will move towards 23450 and 23550.If the price fails to break 23320, price action will try to form a double bottom at 23050 level. Trend deciding level today is 23320 for banknifty.
Price action is trending inside the channel. It should close above the trend line to decide the direction of the movement. Upside targets are 1170, 1190 and 1200. Downside targets are 1080 and 1060. Will update when the price breaks the channel.
For the past few days price action is correcting and I expect the trend will continue today also. Sell below 488 with the stoploss of 491. Targets are 484, 480 and 475. 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...
For the past few days price action is correcting and I expect the trend will continue today also. Sell below 360 with the stoploss of 362. Targets are 356, 353 and 350. 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...
While seeing Syngene chart, I found the whole set of emotional movement. Most of the traders think why should we study trading psychology. Emotions moves the price and traders should be able to handle it to become successful in trading.
Buy above 509 with the stoploss of 506. Targets are 513, 516 and 520. Sell below 506 with the stoploss of 509. Targets are 503, 500 and 498. 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 443 with the stoploss of 440. Targets 447, 450 and 453. Sell below 440 with the stoploss of 443. Targets are 436, 433 and 430. 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...
Gravita has formed rounding bottom and now it is in the process of breakout or it may form handle. In that case rounding bottom will become cup and handle pattern. So I applied fib levels. When the price crosses .382 which is above 90pts with high volume it will make the price to reach 130 and 160 in 1 to 2 yrs. Consult your financial manager before...
KSCL is forming a rounding bottom in weekly chart showing the stock is bullish. Every pullback is a buying opportunity.The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an uptrend. This pattern forming in the weekly chart indicates this script is turning from bearish to bullish . When buyers enter...
My colorful chart expressing the trade set up!!!
We are having long weekend and I thought of looking at forex charts. EURUSD is at resistance zone and retracing. Can go short with the stoploss of 1.2029. Targets are 1.1176,1.1160 and 1.1145. Entry depends on your trading plan.
Most people think analysing and planning the trade is important and tough. After getting experience as a trader we realise trading discipline is the most important thing which brings success/money to the trader. Discipline prevents a trader not to act because of greed and fear. It controls random and impulsive trades too. After few good trades, a trader develops...
Query : Plz guide me how can i learn technical chart of each stock and which material shall i follow . I am totally lost i use only fundamentals to buy stock. Answer : If you google, you can get lot of materials to study. The website investopedia is good. If in your family circle or among friends, if anybody do trading/investing find the reasons for their...
Price action has formed double bottom. Buy above 373.5 with the stoploss of 371. Targets are 376,379 and 382. Sell below 371 with the stoploss of 373. Targets are 368, 365 and 362. Trading rules. 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 461.5 with the stoploss of 459. Targets are 465, 468 and 471. Sell below 459 with the stoploss of 461.5. Targets are 455, 451 and 448. Now we are going to see the trading rules. 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...