Accumulation
CHF/JPY Technical analysisCHF/JPY, after a steep fall, consolidated in a tight range.
After consolidation, it made a bullish breakout which hints a trend reversal.
Hence, we expect the pair to move to the resistance at 111.137.
PVR WYCKOFF REACCUMULATION LONGPOSITION SIZING: 19 QTY FOR EVERY 100K CAPITAL
START OF MARKUP STAGE OUTSIDE TRADING RANGE
HEXAWARE, WYCKOFF ACCUMULATION, LONG POSITIONALPOSITION SIZING 130 QTY FOR EVERY RS.100K CAPITAL
Major Sign of Strength seen and now waiting for Backing up action
ADANI ENT, WYCKOFF ACCUMULATION, LONGPOSITION SIZING: 600 QTY FOR EVERY RS.100K
HIGHER RISK REWARD WITH POSITION SIZING HELPS MITIGATE LOWER ACCURACY
RELIANCE RE-ACCUMULATION, WYCKOFF, LONG TERMPOSITION SIZING: 100 QTY FOR EVERY 100K CAPITAL
TOOK POSITION @ 1203.60
START OF MARK UP STAGE OUTSIDE OF TRADING RANGE
TATA MOTORS, WYCKOFF, ACCUMULATION, INVESTMENTPOSITION SIZING: 120 QTY FOR EVERY RS. 100,000.
STUDYING WYCKOFF ANALYSIS
Canara Bank: Wonderful Wyckoff AccumulationThis stock comes across as a wonderful accumulation candidate from a Wyckoff perspective. The volume signature is very accomodative and the PSU Banking sector looks good as a whole. I am holding long positions and will abandon the bullish view if the price falls below 230. Expect more updates with Point & Figure targets soon !!
Orient Refractories: Nice Base Formation At Gap SupportThe stock has slipped from an overbought condition to its support zone at prior gap area. It has been consolidation in a tight range recently. My expectation is a retest of the recent highs if the range breakout happens. Am looking to buy this one today if we manage close near the day's high. Interesting stock !!
Aarti Industries: Nice reakout & RetestThe stock is trading at life-time highs and the recent price action is bullish & interesting. Notice the nice breakout via a gap-up and then a consolidation. There is another breakout today with relatively higher volume. Am long in this stock with a 10% stop loss from entry. Looks good and am expecting upside momentum to pick up. Let's see how this pans out.
Cadila Heathcare: Looks Like a Classic Accumulation. The recent price action has all characteristics of a Wyckoff Accumulation. If the assessment is correct, the price should see a good lift up soon. The rally should be on the back of increasing spread and increasing volume. If this happens. I will be happy to buy the stock. Let's see how it unfolds.
Wyckoff : JAC in Phase B.Increased vol and JAC after accumulation of 3 years.
Possibility of MARK UP.
IRB Investment Pick - AccumulationIRB is in the process of Accumulation
Our buy will be after a test of sellers
SL below the Test Low
CanBK Bullish Positional / InvestmentAccumulation Breakout imminent.
Must see a good move to 340 > 375 in the coming month or 2
