vanathi

vanathi Mod Updated 

Query : I am trading for 1.5 years. But I am not making any progress. What to do? Answer : "People see what they want to see and hear what they want to hear". This is the mind set of ordinary people. But as a trader we should see what is there, instead of what we want to see. For example, a trader should see what the price action is indicating. When the price is...

vanathi Mod Updated 

As per my analysis yesterday price action has formed rounding bottom today and in addition with it forming a handle. Yes, a cup and handle formation is in process.Volume is rising on the handle formation. We can enter when the price breaks cup and handle formation. Buy above 339 with the stoploss of 336. Targets are 342, 345 and 347.

vanathi Mod Updated 

Price action is consolidating indicating a big move is ahead of us. Sell below 509.5 with the stoploss of 512. Targets are 505, 502, 499 and 496. Buy above 513 with the stoploss of 510. Targets are 517, 521 and 525.

vanathi Mod Updated 

Nifty have to break the support at 9480 - 9475 levels to reach the levels 9460 and 9445. If nifty holds the support it will move towards 9520 where it has resistance. I expect sideways market today.

vanathi Mod Updated 

Price action is trending between 0.236 - 0.5 fib levels forming a channel. To have good upside movement 0.5 fib level should be taken. RSI is also trending between 40 to 60.

vanathi Mod Updated 

Price action is trying to break the resistance at 1.776. Buy above 1.780 for the targets shown in the chart. Higher time frames show the forex pair is bullish.

vanathi Mod Updated 

I am waiting for the break out!

vanathi Mod Updated 

Buy above 452 with the stoploss of 449. Targets are 455, 458,461 and 465. Sell below 448 with the stoploss of 451. Targets are 446, 443 and 440. 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...

vanathi Mod Updated 

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...

vanathi Mod Updated 

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.

vanathi Mod Updated 

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.

vanathi Mod Updated 

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.

vanathi Mod Updated 

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...

vanathi Mod Updated 

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...

vanathi Mod Updated 

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.

vanathi Mod Updated 

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...

vanathi Mod Updated 

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...

vanathi Mod Updated 

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...