techtrail

IndiaBulls Realestate: Classic Wykoff Accumulation

Long
NSE:IBREALEST   INDIABULLS REAL EST
Check the annotation in the chart. There is a big accumulation phase marked by the blue lines and labeling in black font. There is a smaller accumulation zone highlighted in the magenta lines & font. A breakout past Rs .110 would be a major sign of strength in Wyckoff terms. This would open up the possibility of a rally to 298-300 range.

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