vanathi

vanathi Mod Updated 

Tatachemicals shows weakness in price action. 1. Upward Trend line broken 2. Price action forms higher high, but RSI forms lower high. 3. Pin bar formation showing rejection of higher price level. Sell tatachemicals with stoploss 507. Targets are 500 and 496. Happy Trading! in.tradingview.com

vanathi Mod Updated 

In daily chart Axis bank is showing momentum. RSI positive divergence shows strength. Since Axis bank is trending inside the channel, uptrend will get confirmed once it breaks the channel. Happy Trading! in.tradingview.com

vanathi Mod Updated 

Zee Entertainment is in accumulation phase. RSI positive divergence confirms it. Long trade! in.tradingview.com

vanathi Mod Updated 

Tatasteel has formed twin towers and also trending within a rectangle. RSI shows weakness in momentum. Check the chart for further details. Happy Trading! in.tradingview.com

vanathi Mod

Nifty is moving sideways without giving us a clue about how it will move further. As per Dow's theory any major reversals will be confirmed if both indexes are in agreement. For any strong trend Nifty and Bank Nifty should be in agreement. If Nifty and Bank Nifty travels in opposite direction, then primary trend wont develop. There is no trend when they conflict...

vanathi Mod Updated 

In weekly chart USDINR shows weakness. Twin tower formation and RSI negative divergence confirms it. In the coming days we can expect Rupee to gain strength. Happy Trading! in.tradingview.com

vanathi Mod Updated 

Sunpharma has broken the downward trend line. RSI positive divergence confirms the upside movement. in.tradingview.com

vanathi Mod Updated 

Hero Motocorp is in accumulation phase. Downward trend line has been broken. RSI postive divergence break confirms upside movement. Once the engines get enough power, it will move towards 3300. Journey is long, needs enough power to reach the destination. Happy Trading! in.tradingview.com

vanathi Mod Updated 

Buy bank nifty 18050 with target 18200 stoploss 18000 in.tradingview.com

vanathi Mod Updated 

Daily candle in Yesbank is making higher high and higher low. Buy Yesbank - 1150 target 1200 with stoploss 1140. Happy Trading! in.tradingview.com

vanathi Mod Updated 

Shriram Transport trend line is broken and it is moving up. Can go long when it retests the trend line with stoploss 840. Targets are 900 and 920. Happy Trading! in.tradingview.com

vanathi Mod Updated 

Buy Vedanta at the price 219 with stoploss 216. Targets are shown in the chart. Happy Trading! in.tradingview.com

vanathi Mod

Bank Nifty is still below the resistance 18047, but it is trending inside the channel. in.tradingview.com

vanathi Mod Updated 

If the price go along with the shown trend line, we can go long. Targets are shown in the chart. Happy Trading! in.tradingview.com

vanathi Mod Updated 

After facing strong resistance at 190, torrent power has broken the trend line for the second time. Price closed below the trend line showing further weakness. If the price can not go above 183, we can go short at the price 180 with target 177,174 and 170 with stop loss at 183. Happy Trading! in.tradingview.com

vanathi Mod Updated 

As I have mentioned in my previous post, Nifty has almost reached the first target I mentioned. I mentioned the first target is 8092, today Nifty reached 8095. According to Dow's theory, line formation indicates movement. If it takes long time in forming line, the movement will be very strong. If you have short Nifty at 8130, use trail stop. Targets are same....

vanathi Mod Updated 

You may be wondering what is nifty planning to do. Its very simple. Use simple trend lines. Nifty is warming up to make a journey towards 7923. Sell below 8130. Targets are 8092, 8066, 8012, 7954 and 7923. Stoploss 8175. Tighten your seat belt and take a rid in.tradingview.com e with Nifty. Happy Trading!!!

vanathi Mod Updated 

TVSMOTOR is moving inside the channel. After taking support at 340 it is travelling inside the channel. We can go for short at the price 378 with stoploss 380. Targets are 370 and 365. Happy Trading!!! in.tradingview.com