GODREJPROP Wyckoff Method Projection

Wyckoff Projection Summary (CMP ₹2,240)
Bullish Projection
Method: Wyckoff Accumulation – Phase D to E (Markup)

Input Signals:

• Breakout above ₹2,218 (BOS for Automatic Rally)
  
• Retest of ₹2,248 (Strong Resistance)
  
• Volume expansion & higher lows
  

Projection Steps:

1. ₹2,248 – Retest zone (Breakout confirmation)
   
2. ₹2,522 – First Target & BOS Minor rejection expected (check volume & candles)
   
3. ₹2,733 – Next Target Monitor for signs of supply (e.g., doji, lower volume)
   
4. ₹3,014 – Final BOS Target Watch for UTAD or signs of distribution (e.g., climactic volume)
   

Rejection Handling:

• Pullback to ₹2,218–2,248 = healthy retest
  
• Hold = bullish continuation
  
• Failure = see bearish path
  

Bearish Projection
Method: Wyckoff Spring Failure / Upthrust After Distribution
Input Signals:

• Rejection from ₹2,248 or ₹2,522
  
• Breakdown below ₹2,218 with volume
  
• Inability to make higher highs
  

Projection Steps:

1. ₹2,218 – Breakdown confirmation (failed BOS)
   
2. ₹2,084 – Last Point of Support Break confirms weakness; watch price action closely
   
3. ₹1,901 – Secondary Test / Range Re-entry
   
4. Below ₹1,901 – Markdown phase likely begins
   

Rejection Handling:

• Any upthrust near ₹2,248–2,522 without follow-through = bearish reversal
  
• Failing LPS at ₹2,084 shifts control to sellers
  

Disclaimer:
This analysis is for educational and informational purposes only and does not constitute financial advice, investment recommendation, or a solicitation to buy or sell any securities. Trading and investing involve substantial risk, and you should always conduct your own research or consult with a qualified financial advisor before making any trading decisions. Past performance is not indicative of future results. The author is not liable for any losses incurred based on this analysis.

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