Supply, Operator Already dumped last 5 days. so he dont have none, and bought at low price. These blue candles are Basing Candles. after 3-5 more continue basing candle, Price will come down. As per numbers, 300-500 Must rally from here.
Stock is under ban period. Immediate target can be expected is 330
We can see the HH and HL fromtion in the past but also there is a lack of momentum to going up and we have got our first LL,Now we need a LH for enter in the trade.
Disclaimer... not invested not an inventing /trading recommendation
This is a case study, which is a part of my learning experience for future records No investment... not an investing/trading recommendation details of the small accumualtion and distribution and further time line to b updated below and continued as a study For reference, this is 1994 edition of Jim Forte's "anatomy of trading...
the markup target has been derived from this point and figure chart.. This is a classic case of stepping stone reaccumualtion there is one prior reaccumualtion which needs a special study as a case will be updating below Disclaimer.. Not invested, Not an investing / trading recommendation
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...
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...
Disclaimer..Invested, no trading for last 3 years in this scrip.. Not an investing/trading recommendation The next events will be updated below as it goes, presently phase C is going on, there should be a transition to phase d with the correction expected and LPS formation.. I nfo about wyckoff's schematics can be found out in this famous description by Jim...
Subsequent time line of event will be updated below Disclaimer- not n investing/trading recommendation
NSE:JINDALSAW BSE:JINDALSAW Disclaimer... Invested, not an investing/trading recommendation My thinking process has been described and plans following
Disclaimer.. interested but not invested yet Not an investing/trading recommendation
there was a sharp retracing from the line of good demand and close above another line shows SOS.. this bearish cypher most likely will fail to reverse the uptrend and it will test the line above... i have a feeling this will even cross it, the advance has such a massive volume, if this big spread on the advance is reversed of then the demand is most likely to...
Nifty has formed Broadening Formations : Right-Angled and Descending . After touching the lower line 3rd time it was moving up gave an impression to touch the other side of pattern but again it has reversed and continued in the prevailing down direction. Statistically this partial rise mostly predicts the direction of the breakout which is down in this case,...
hdfc bank imp levels
daawat( lt foods ) is fundamentally good and had just given a breakout today .. agree it may not sustain . but a good possibility of great upside has arised now!!!