vanathi

vanathi Mod Updated 

NCLIND has broken its previous resistance 153.6 with high volume in weekly chart. In one year I expect it to reach 172, 190.

vanathi Mod Updated 

After 2 yrs hexaware has broken long term trend line. Candle formation is spinning top, which indicates indecision. I expect this stock to retest the trend line then move upside. I will update the targets once the trendline break is confirmed with a retest.

vanathi Mod Updated 

Price pattern of Govind Rubber was forming a rounding bottom for two years and it is broken this week with high volume indicating bullishness of the stock. Prveious resistance 34.5 is broken with high volume after two years. The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an uptrend. This pattern...

vanathi Mod Updated 

Gravita India is forming a rounding bottom in weekly chart which indicates the bullishness of the script. Heavy volume indicates the accumulation of the script by the investors are high. I expect this stock to reach the price 80 in one year. The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the downtrend to an...

vanathi Mod Updated 

Natural gas is at the support zone. Morning star formation at the support zone indicates the trend is about to change. The morning star pattern consists of three candles. First candle is a big bearish candle, second is a small candle which indicates indecision and third cadle is a long bullish candle. Can go long when the candle close is above the trend line....

vanathi Mod Updated 

Tata chemicals is consolidating inside the triangle. Price action closing above the triangle will make it move towards upside. Buy above 565 with the stoploss of 560. Targets are 569,572 and 576. Always protect your profit with trail stop.

vanathi Mod Updated 

Axis bank is having resistance at 520-522 level. For the past few days price action is trying to break it. Close above the resistance will make the price to reach the targets 530, 536, 540 and 548. Stoploss is 520. Tuesday's market opening will break the resistance and this script will be move upside. Always follow your trading plan.

vanathi Mod Updated 

Vedanta is consolidating at the support zone before it moves up to break the downward trend line. TSI is moving upside and RSI's hidden bullish divergence indicates the price action is turning to be positive. Close above 249, downward trend line break will make the price to reach the targets 252, 254 and 257. Stoploss is 248. Always follow your trading plan.

vanathi Mod

Today we are going to discuss about few questions. 1. Why we tend to lose after a winning trade. 2. Why we overtrade after a losing trade. 3. Why we feel confused about our trading knowledge even though we are learning new things daily? Answers for these questions depends on human psychology. The reasons for losing after a winning trade is a. carelessness b....

vanathi Mod Updated 

Price action of voltas daily chart shows bearish engulfing pattern formation at the critical resistance level. We can go for short at the price of 334 with targets 320 and 310. I wont enter this trade till nifty is bullish.

vanathi Mod

"Always follow your trading plan". Every trader have trading plan. When to enter a trade, when to exit, target and stoploss. And also everybody have their own analysis skills. We can discuss with our trading friends about a script. We can discuss whether the price is going up or going down. But when entering a trade it should be based on our analysis, our trading...

vanathi Mod Updated 

Syngene has broken long term downward trend line and taken support at 473-478 levels.Syngene is bullish for long term. However there is a hidden bearish divergence in the RSI. Hidden bearish divergence happens when price is making a lower high (LH), but the oscillator is showing a higher high (HH) Can buy this stock on dips or pull back with the stoploss 478....

vanathi Mod Updated 

Once again Nifty has taken the support of 8890 - 8900. Nifty is buy above 8900 with the stop loss of 8880. Targets are 8920, 8940 and 8950.

vanathi Mod Updated 

Price action of Dabur has broken the upward trendline indicating bearishness. RSI and TSI shows hidden bearish divergence. Hidden bearish divergence happens when price is making a lower high (LH), but the oscillator is showing a higher high (HH). Dabur is sell below 278 with the stoploss of 279. Targets are 270, 268 and 265. Always protect your profit with trail stop.

vanathi Mod Updated 

I have extended the lines I have drawn. Once again Banknifty has taken the support of 20550 - 20580. Banknifty is buy above 20550 with the stoploss of 20500. It is having resistance at 20700 - 20715 level. Targets are 20650 and 20700.

vanathi Mod Updated 

Buy 514.50 sl 511.50 trg 517 520 523 Sell 511.50 below sl 514.50 trg 508 505 502

vanathi Mod Updated 

Power grid is trending near the long term support at 186-188. Close above the trend line will make the price to move up towards the targets 194,197,199 and 202 with the stoploss of 188. RSI hidden bullish divergence supports the price action for uptrend.

vanathi Mod Updated 

Jindal Steel has broken the long term trend line in the weekly chart. High volume indicates lot of accumulation in the year 2016. After taking support @ 65, it is moving slowly and steadily. Price action is forming a rounding bottom. I expect this stock to reach 200 in 6 months to one year.