RSIBaba

Siemens - Wyckoff schematics

NSE:SIEMENS   SIEMENS INDIA LTD
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1
Lets try something new !

It is called Distribution phase and it is comprising of
BC - buying climax
AR - Automatic Response
ST - Secondary Test
UT - Upthrust
UTAD - Upthrust after Distribution
SOW - Sign of weakness

One thing to note that Distribution phase looks like Reaccumulation phase so in such cases , trades needs to be initiated only after confirmations

From here stock can go up also.

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