capsule91

INDUSIND BANK Wyckoff Reaccumulation - An lovely case to study

Education
NSE:INDUSINDBK   INDUSIND BANK LTD
NSE:INDUSINDBK BSE:INDUSINDBK
the markup will require time to build up, the Bank nifty index over all showing a lot weaknness at resistance...
So this might be an excellent posiiton to accumulated and add, taking advantage of the short term market weakness ..
the markup target was derived from this Point and Figure chart ...
for reference on wyckoff schematics this famous text by Jim Forte "anatomy of a trading range " can be used..
https://static1.squarespace.com/static/5...

Disclaimer.. not invested, not an investing/trading recommendation

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All time favorite , Portfolio stock...
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Great post..and analysis
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