capsule91

Granules- suspected wyckoff distribution

Short
NSE:GRANULES   GRANULES INDIA
The downward target is calculated on the basis of this point and figure chart
Disclaimer.. not invested, would be very interested to bottom fish otherwise..
Not an investing/trading recommendation

Comments

On a random note, WOCKHARDT , Daily, seems to be onto something.
It looks like distribution but, idk, if it can make a spring with ongoing MACD divergence, it can be an accumulation setup?
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capsule91 Einstein15
@Einstein15, yes, you are right... that is infact an upthrust and a sow of weakness follows... lets see if the trading range is broken or not subsequently... thanks for notifying bro
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capsule91 Einstein15
@Einstein15, for you...
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Einstein15 capsule91
@capsule91, Ohh, so thats the BIGGG picture! thanks!!
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