vanathi

vanathi Mod Updated 

Buy above 418 Stoploss - 416 Target 1 - 421 Target 2 - 426. Price action will face resistance around the level 421 - 422. Sell below 416 Stoploss 418 Target 1 - 412 Target 2 - 410 Target 3 - 407 Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for 6th April 2017 only.

vanathi Mod Updated 

Canara bank is moving sideways. Sideways market indicates price is consolidating before giving a strong movement. Buy - Above 303 Stoploss - 301 Target 1 - 305 Target 2 - 306.8 Target 3 - 308.5 Sell - Below 301 Stoploss - 303 Target 1 - 299 Target 2 - 296.1 Target 3 - 294.5 Intraday calls depend on the market opening. Analyse and follow your trading plan...

vanathi Mod Updated 

Nifty is long above 9230 With the stoploss of 9210. Targets are 9260, 9280 and 9290. There will be resistance around 9300 - 9320 levels. Nifty remains positive even though bank nifty is not supporting it well.

vanathi Mod

Torrent power is forming rounding bottom in daily/weekly chart. The level 245 - 252 will be crucial as the price action will try to break the resistance. Jan 19th daily candle with high volume indicates investors have accumulated the stock around 190 - 195 level. The rounding bottom or saucer bottom is a long term reversal pattern which indicates a shift from the...

vanathi Mod Updated 

Sell below 1050 with the stoploss of 1065. Targets are 1030 and 1015. Above chart tells the detail and use it for your trading plan. Always follow your trading plan.

vanathi Mod Updated 

Tatacomm is nearing its long term support line. Previously it has taken support of the trend line in January 2017, gaining 150 points in two months. Check the RSI and MACD indicators I have marked. Will the history repeat again? We have to wait few more days to know how it gets repeated in different way. History gets repeated always but in different ways, not in...

vanathi Mod Updated 

Buy - Above 303 Stoploss - 301 Target 1 - 305 Target 2 - 306.8 Sell - Below 301 Stoploss - 303 Target 1 - 299 Target 2 - 296.1 Intraday calls depend on the market opening. Analyse and follow your trading plan always. This trade is valid for 3rd April 2017 only.

vanathi Mod Updated 

Banknifty is having support at 21370 - 21390 levels. It has resistance at 21500. Buy above 21400 with the stoploss of 21370. Targets are 21500, 21575 and 21650. Banknifty is bullish as long as it hold 21300. Once banknifty crosses the crucial levels 21500 and 21700 it will move faster towards 22000.

vanathi Mod Updated 

Price action of Arvind shows it is trending in upward channel. RSI shows strength by hidden bullish divergence. Hidden bullish divergence occurss when price is making a higher low (HL), but the oscillator is showing a lower low (LL). Buy above 389 with the stoploss of 386. Targets are 394, 398.5, and 403.

vanathi Mod Updated 

Apollohospitals has broken the downward trend line and the price closed above it indicates the stock is bullish. RSI shows strength by forming hidden bullish divergence . Hidden bullish divergence occurs when price is making a higher low (HL), but the oscillator is making a lower low (LL). Buy above 1150 with the stoploss of 1140. Targets are 1190, 1200, 1215 and 1225.

vanathi Mod Updated 

Nifty is buy above 9155 with the stoploss of 9140. Targets are 9200, 9220 and 9240. Nifty has resistance around the level 9110 - 9120. When the price action crosses the resistance with strength, it will move towards 9300 levels fast. Follow your trading plan and protect your profit by stoploss.

vanathi Mod Updated 

Weekly chart of sunpharma shows the price action is trying to break the weekly downward trendline. This week's close above the trend line and the candlestick pattern will decide about the price movement in the coming days. As the downward trenline is 2 yrs old, this break will play an important role.

vanathi Mod

IPCALAB is nearing the resistance level 640 - 650. If it breaks the resistance with volume, the price may gain another 60 to 80 points in 6 months to one year. In that case this pattern is rounding bottom. If the price retraces and then breaks the resistance, the pattern will be cup and handle. Both cup&handle, rounding bottom are trend continuation patterns. Both...

vanathi Mod

Trading is a treasure hunt and we traders are treause hunters. Charts are the maps which tells us the way to get the treasure. Charts are symbolic representation and not direct representation. We have to decode the hints given by the charts using technical analysis. Treasure maps are not easy to understand same as our charts. And there is no rules that the price...

vanathi Mod Updated 

DHFL was in sideways for the past few days, unable to cross weekly resistance at 333- 338 level. Today it has broken the resistance with good volume indicating bullishness. This script will give good movement as it has broken the long term resistance. The trendline will show the way how the stock will move.

vanathi Mod Updated 

Lupin has support at 1400 - 1425 levels in weekly chart. It has formed a double bottom too. Price is consolidating inside the trendline. Price have to move up and break the downward trend line to prove its bullishness. Also price action is forming a rounding bottom in weekly chart. Now lets see the daily chart. Pattern is same as weekly chart. Keep it in watch...

vanathi Mod Updated 

Nifty is trending in upward moving channel. Price has broken the lower line of the channel. But today price has closed above the lower line indicating bullishness. RSI shows strength by forming hidden bullish divergence. Hidden bullish divergence occurss when price is making a higher low (HL), but the oscillator is making a lower low (LL). I expect Nifty to reach...

vanathi Mod Updated 

Edelweiss Financial Services has taken long term support at the level 127 - 129. This script's growth is steady for two years. And its result is good. I expect this stock to gain 15 to 20 points in one year.