vanathi

vanathi Mod Updated 

After facing strong resistance at 337 mothersumi is trending inside the channel. Volume is gaining, momentum is reducing. Interesting to watch. Will update target, stoploss, entry in comment seeing price action.

vanathi Mod Updated 

RelInfra is having strong resistance at 509 - 511 zone. Yesterday's high is 509.7. It is in my watch list. Will update target, stoploss, entry in comment seeing price action.

vanathi Mod Updated 

Nifty has filled its previous the gap. And has been sustaining the important level of 8270. Double bottom of RSI above 50 shows the momentum is gaining. Nifty is buy above the blue trend line. I expect a little pull back tomorrow. Targets are 8303 and 8387. Follow the blue trend line. Happy Trading! in.tradingview.com

vanathi Mod Updated 

HCL is having strong resistance at 860. However it is trending inside the channel. Follow the channel for trade entry, exit and stoploss.

vanathi Mod

Yesterday when everybody was getting confused whether nifty will rise today or fall, because it has formed descending triangle after the breakout from ascending triangle. Bank nifty was the one which replied "I will back up you partner" by forming ascending triangle at the end of the day. Today bank nifty lifted nifty. Two indexes (Nifty and bank nifty) together...

vanathi Mod Updated 

Price action of tatamtrdvr shows weakness with the formation of pinbar, weakening volume and RSI momentum. Once the trendline is broken can go for short. Sell at the price of 322 with stop loss 325. Targets are 316, 312 and 308.

vanathi Mod Updated 

Wipro is trending inside the channel. Evening star formation and volume indicates the stock is getting weak. Sell wipro below 475 with stop loss 479. Targets are 452 and 440.

vanathi Mod Updated 

Price action of bank nifty shows its strength as it is moving above the long term trend lines. Private sector banks show more strength compared to public sector banks. Bank nifty is buy above 18250 with stop loss 18200. Targets are 18400 and 18580. Happy Trading!

vanathi Mod

A trader's present and future depends on trading ability. We determine what stocks to trade, size of the trade, entry, exit, stop loss and risk reward ratio. Market expects us to be disciplined always.It expects us to study,learn,and work hard until we recognize our own potential. A trader must maintain a trading journal to improve, to rectify the errors. I have...

vanathi Mod Updated 

Inside bar is a two bar price action strategy. The inside bar is smaller and within the high to low range of the previous bar. Previous bar is referred to as the "mother bar". Inside bar forms at market turning points and acts as reversal when forming at support or resistance level. In Divislab daily chart price action shows inside bar. RSI indicates momentum is...

vanathi Mod Updated 

It has been observed in one hour chart price action is making higher high and higher low. Buy ICICI at the price 255 with stop loss 253. Target is 260. Happy Trading! in.tradingview.com

vanathi Mod

Bank Nifty is in crucial support zone. The lines in red 18050 to 18200 indicates the importance of the zone. Blue dotted lines shows long term support zone. Bank Nifty should move above all these lines to show it is back for the game. Many traders will have a doubt, this chart shows Head & Shoulders pattern, but still it didnt fall down. Its because price action...

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