vanathi

vanathi Mod Updated 

In my previous post about voltas I have written about descending triangle which worked out well. Price is still consolidating inside the triangle. Buy above 484 with the stoploss of 481. Targets are 487, 491 and 495. Sell below 480 with the stop loss of 483. Targets are 476, 473 and 470. Intraday calls depend on the market opening. Analyse and follow your trading...

vanathi Mod Updated 

RBI policy meeting today. Market will be sideways, volatile and clueless. But we can have trading plan always. No harm in it. Yesterday's low 9630 and 9655 are important levels today. Breaking 9630 will make the price to move towards 9610 and 9590. Breaking the resistance at 9655 will make the price to move towards 9670 and 9695.

vanathi Mod Updated 

You are watching Sun TV network and this is Vanathi reading the news. Chart looks interesting as it has RSI hidden divergence in it. Bearish or bullish? Browse the net and find out the answer. People who have 20, 25 plus years experience in trading please dont ask me what is RSI hidden or unhidden divergence as you can not be taught about it. How can I teach you...

vanathi Mod Updated 

I keep my charts simple. I dont write stories in the chart. Keeping charts simple and neat is a form of showing respect to the share market. Hope all traders know that fact. Price action has taken support forming double(triple) bottom. Buy above 512 with the stoploss of 508. Targets are 515, 519 and 523. Sell below 506 with the stoploss of 510. Targets are 502,...

vanathi Mod Updated 

Price is consolidating inside the triangle. Buy above 497 with the stoploss of 494. Targets are 501, 505 and 508. Sell below 494 with the stoploss of 497. Targets are 490, 486 and 483. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for June 6 2017 only.

vanathi Mod Updated 

Price is consolidating in a line formation. Buy above 456 with the stoploss of 453.5. Targets are 461, 465 and 470. Sell below 453 with the stoploss of 456. Targets are 449, 445 and 442. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for June 6 2017 only.

vanathi Mod Updated 

Price action is narrowing within the range which implies breakout is going to happen soon. Close above 485 will make the price to move towards 510 and 515. Close below 475 will move the price towards 460. Will update stoploss, targets once the break out is confirmed.

vanathi Mod Updated 

Buy above 495.1 with the stoploss of 492. Targets are 501, 506 and 511. Sell below 489.5 with the stoploss of 492. Targets are 484.5, 480 and 475. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for June 5 2017 only.

vanathi Mod

One of my regular reader had this query. Usually I dont write about myself. Since it is trading related query, I answered it in a simple way. Query : I request you to post your daily routine of trading. This will be very helpful for new traders like us. Answer : After the trading session I note down open, high, low and close value of the scripts I follow from the...

vanathi Mod Updated 

Price action is moving in downward channel, making lower highs and lower lows. The trend deciding levels will be 9590 and 9630. Price will move down if 9590 is taken. And in upside 9630 have to be taken to make the trend bullish. Traders may get confusion, but nifty is always clear about its direction. Did I explain properly or made you people confused?

vanathi Mod Updated 

Price action is consolidating inside a triangle indicating triangle break. Buy above 556 with the stoploss of 552. Targets are 561, 565 and 570. Sell below 552 with the stoploss of 555. Targets are 549, 545 and 540. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for June 1st 2017 only.

vanathi Mod Updated 

How zones are important? Zones are going to decide the direction of nifty. Nifty has to break the zone 9600 - 9610 to continue its bull run towards 9660. Immediate support is seen at the level 9530 - 9545. On breaking 9530 price will move towards 9490 and 9460.

vanathi Mod Updated 

I have found a new pattern known as "Hut Pattern". You can see a man standing outside the hut. Our quest on May 31st is to find out where the man is going. Whether he is going towards the Sun or towards the fallen apple. Buy above 742 with the stoploss of 737. Targets are 748, 753,757 and 760. Sell below 737 with the stoploss of 741. Targets are 733, 728 and 722. ...

vanathi Mod Updated 

Buy above 339 with the stoploss of 337. Targets are 343, 348 and 351. Sell below 337 with the stoploss of 339. Targets are 334 and 330. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 31, 2017 only.

vanathi Mod Updated 

My favourite Dow tenet "Lines indicate movement". Buy above 487 with the stoploss of 485. Targets are 490, 494 and 497. Sell below 485 with the stoploss of 487. Targets are 482,479 and 476. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 30, 2017 only.

vanathi Mod

Have you heard of the term "random trading" ? May be its a new trading related term. I just found how random trading break down a trader and his trading account. I intereact with traders here. Few people share their trades. And thats how I found this random trading. Random trading has no entry, exit, target or trading plan. When a trader thinks the price will go...

vanathi Mod Updated 

Price action has formed an ascending triangle. Buy above 380 with the stoploss of 378. Targets are 383, 385, 387 and 390. Sell below 377 with the stoploss of 379. Targets are 374, 371 and 369. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 29, 2017 only.

vanathi Mod Updated 

How many of us go to the movie for the first show on the release day itself? How many of us buy a new brand mobile when it comes to the market at once? When we develop a character based on impulsive actions, it creates a lot of reactions. On the other hand rich people wont jump in to the market when the price moves. They enter at the price which suits their...