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HCL INFO-A CASE OF WYCKOFF ACCUMULATION IN POTENTIAL MULTIBAGGER

Education
NSE:HCL_INSYS   HCL INFOSYSTEMS

NSE:HCL_INSYS
THE SCALE IS NOT LOCKED, ZOOM ACCORDINGLY WHEN NECESSARY
In the daily chart ..
A potential bullish cypher is due completion...
this is a point of good long entry planned..
The other long entries are planned in phase c and d as mentioned..
the Markup target is a conservative one, and will be updated once the base formation i done..
here is the provisional target from the point and figure charts..

Details about wyckoff schematics can be found in the following link containing
"Anatomy of a Trading Range " by Jim Forte ...https://static1.squarespace.com/static/54fed56be4b0b8a1d3d33918/t/55808ff8e4b0bcfabac9ae03/1434488824889/Anatomy+of+a+Trading+Range.pdf

Also a reference to a blog by my favourite wyckoffian, Bruce Fraser
http://stockcharts.com/articles/wyckoff/...
http://stockcharts.com/articles/wyckoff/...

Disclaimer... Interested , not invested...will think of taking position if satisfied with the fundamentals which is currently under search
Not an investing/trading recommendation
Disclaimer

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