WELCORP Trade Analysis for Buy using Wyckoff method

Volume Analysis
  • We have no supply in the trading range indicating no one is selling


Demand Increased
  • We have demand increased in phase D indicating institutional present


Down wave Analysis
  • Down spread is decreasing in each of down wave indicating volatility is decreasing and selling pressure is decreasing


My View
  • Bullish on the stock with entry given on the chart

indianstockslongpositionnseSupply and DemandSupport and ResistancetradeTrend LinesWELCORP

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