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
Accumulation
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
Wyckoff accumulation :::: seems finally demand coming up.Not a trading or investing recommendation.
Details in the chart
Weekly Chart : Accumulation, Markup, Test done.Weekly Chart : Accumulation, Markup, Test of the markup done.
maybe future multibagger this stock is accumulated with huge volume but stock falling with less volume
