vanathi

vanathi Mod Updated 

Question : I am a learner and gain little bit of knowledge about indicators behavior from my own. But its take to much time to learn by searching things on internet. I have indications by RSI MACD & MA crossover that this stock go down or rise but timing missed. Please guide me. Answer : There are two types of indicators. Leading and lagging. Leading indicators...

vanathi Mod Updated 

Nifty is nearing its previous high 9532 which will act as a strong resistance.Support is seen at the level 9450 - 9460. I expect we will have range bound movement between 9525 - 9460 today. On breaking 9450 price will move towards its strong psychological support at 9390 - 9370 level.

vanathi Mod Updated 

Price action has formed a "pencil pattern". Pencil pattern is found by me. Now pencil pattern will help us to find how the price will move. Buy above 341.5 with the stoploss of 339. Targets are 344, 347 and 350. Sell below 338 with the stoploss of 341. Targets are 335, 332 and 330. Intraday calls depend on the market opening. Analyse and follow your trading plan...

vanathi Mod Updated 

I have found symmetrical triangle formation in canarabank. Lately I have found triangles are fascinating. In few minutes of market opening triangles will give us clue about which direction price action will break. Buy above 357 with the stoploss of 355. Targets are 360, 364 and 366. Sell below 353 with the stoploss of 356. Targets are 350, 347 and 344. Intraday...

vanathi Mod Updated 

Price is consolidating inside a descending triangle. 420 is acting as a strong support. Buy above 426 with the stoploss of 423. Targets are 429, 432 and 436. Sell below 421 with the stoploss of 424. Targets are 418, 415 and 413. Intraday calls depend on the market opening. Analyse and follow your trading plan always. New traders enter trade after watching price...

vanathi Mod Updated 

Buy above 527 with the stoploss of 524. Targets are 531, 535 and 538. Sell below 523 with the stoploss of 526. Targets are 519, 515 and 513. Intraday calls depend on the market opening. Analyse and follow your trading plan always. New traders enter trade after watching price action for 15 to 30 mins. This trade is valid for May 24, 2017 only.

vanathi Mod Updated 

Price action has been consolidated inside the rectangle and it is breaking out. Buy above 417 with the stoploss of 414. Targets are 421, 424 and 428. Sell below 412 with the stoploss 415. Targets are 409, 406 and 404. Analyse and follow your trading plan always. This trade is valid for May 22, 2017 only.

vanathi Mod Updated 

Price action is consolidating inside a funnel pattern. Funnel pattern gives good break out. Buy above 350 with the stoploss of 347. Targets are 354, 357 and 360. Sell below 347 with the stoploss of 350. Targets are 344, 341 and 349. Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for May 22, 2017 only.

vanathi Mod Updated 

Rectangle makes the chart more interesting. Centrum capitol's price is consolidating inside the rectangle for few weeks. We can accumulate this stock above 45 with the stoploss of 42. Targets are 55, 60 and 65. Consult your financial manager before investing.

vanathi Mod Updated 

When I looked in to the chart it was so tempting to put a post about it. Price rejection + Over bought RSI = Trend reversal. We can go short below 425 with the stoploss of 430. Targets are 400, 390, 380 and 370. I expect the price will retrace to 425 - 420 levels before falling.

vanathi Mod Updated 

Nifty is trending along the downward channel. 9370 is acting as strong support. But I expect nifty to break the support and reach the levels 9340 and 9300. In downward channel trading plan is sell on rise, till the channel is broken.

vanathi Mod Updated 

Banknifty is range bound for few days between 22580 and 22970. Unless the range is broken, price will move sideways tomorrow.

vanathi Mod Updated 

It has been observed that price is consolidating in a symmetrical triangle. Buy above 515 with the stoploss of 512. Targets are 520, 525, 529 and 535. Sell below 512 with the stoploss of 515. Targets are 510, 506, 501 and 498. Short term trade.

vanathi Mod Updated 

Nifty has taken support at the level 9390. We can go long above 9420 with the stoploss of 9390. Targets are 9470, 9490, and 9500. Nifty will try to make new high.

vanathi Mod Updated 

Buy above 415.5 with the stoploss of 413. Targets are 420 and 423. Short term trade( 2 to 4 days).

vanathi Mod

Price action is trending in long term support zone 405 - 412. This zone also acts as a strong psychological support. In 2016 price action took support @ 410 twice, but failed to break the previous high indicating weakness. If the price action breaks the support, the fall will be 75 to 100 points.

vanathi Mod Updated 

One of the frequent question traders ask me is what books to study to trade better. How to be successful in trading. First step to get success in any field is gaining knowledge. I am sharing the information about the books I studied. It is said that people who think they are brilliant, have high IQ level got beaten up by share market. The reason behind this is...

vanathi Mod Updated 

It has been observed price action has formed bearish head and shoulder pattern which indicates price will fall further. Sell below 439 with the stoploss of 442. Targets are 435, 432, 430 and 428. If the bearish head and shoulder pattern fails, buy above 443 with the stoploss of 440. Targets are 447 and 450. Intraday calls depend on the market opening. Analyse...