reliance wyckoff accumulation bullish it has shown spring already and now only last phase is pending
kotakbank wyckoff bullish accumulation 2000-2200 looks good from here with sl 1700
Hindustan Unilever is at crucial level of accumulation. Breaking to either side can give good target's. Over shooting box levels is a prominant posibility. These levels have multiple support: 1) Heavy volume support since 20th of sep. 2) lower price rejection. 3)Holding Weekly PP levels. 4) Bull run of Nifty. Safe entry would be above 2725. which can give...
The stock is under accumulation for the past few months.The chart is self explanatory.Read the details given in the chart for a thorough knowledge. Option sellers can use this script by doing strangle or straddle with break-even falling between 885-999 preferably. This post is for educational purpose only.
Wyckoffian Patterns that occurs in Accumulation Phase 1. Initial Sell off in panic mode 2. Preliminary support has been identified, where the big institutions and smart money players try and take bullish positions after a strong sell off 3.Automatic rally from the preliminary support has occurred 4. Secondary test of support has occurred more than twice (although...
Hello All, Yesterday I posted about how I am able to see a upside in PSU BANKS Index (I have attached the link of that article below). I asked you all to reflect on it and prepare a list of the stocks which can be the early leaders in this sector. I personally find Indian Bank's setup really convincing. Stock is forming a VCP pattern on the Weekly chart and...
Wyckoff developed a price action market theory which is still a leading principle in today's trading practice. The Wyckoff method states that the price cycle of a traded instrument consists of 4 stages – Accumulation, Markup, Distribution, and MarkDown.
Auto sector has not participated much in the NIFTY rally, but seems that the index is getting a push now. TATA MOTORS seems to be a good candidate. After recovering from low, it is consolidating nicely at a important fib level (seems like accumulation is going on). The stock is trading above near/med/long term moving average.
Wait for the breakout and then retest to enter positions with a very tight stop loss or just below the last point of support. This is called Wyckoff's Back Up to the Edge of the Creek Setup(BUEC). We can get stopped 3-4 times but when we do catch the trade correct it will be worth much more because we have accumulation behind and a very favourable Risk Reward.
Long long consolidation of 8 months. great results in last 2 quarters with high EPS growth probable candidate for BO 3T VCP good accumulation in base SL - below 300 TGT - 400-418
One can start accumulate from here for long targets can give good R:R in long term... Hit the like button, Do follow my page and inbox me for more details regarding Entry/Target/Sl...
Good Morning Traders Nothing To something To everything 🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻🙏🏻 👇Follow Ups on the comment section 👇 ———TRADE SUMMARY——— Date:- 21.sep.21 Profit :- 25,000 (1Lot) or 2.76 % in cash Capital Invested :- 2.3 LAKH ROI :- 11% R:R:- 1:3 FOLLOW , LIKE , COMMENT & SUPPORT
Indusind Bank - Nice accumulation taking place in 970-1060 price band. Looks like a good time to accumulate on SIP basis. Once the share crosses 1060, we can target for 1100/1180. Bulk buying should be avoided till 1160 level is breached on daily closing. Shorting 1100 CE if you have adequate holdings is also advisable, however do this only if you have...
BUY GUIDANCE: Never buy before 3PM . I have been burnt many times over. Try to buy between 3:15 - 3:30PM, later the better. SL: Depending on your risk appetite: Below Weekly BO Candle / Below Daily BO Candle / 50% of Weekly BO candle / Below 20DMA TGT: After a 10-15%+ vertical move, breakdown of 20DMA (on a daily close basis) SELL GUIDANCE: Selling in...
Inverted head and Shoulder Pattern on the weekly chart. The stock has been taking resistance at 2 major trend lines. Going forward also, these resistances will be profit booking areas. A huge accumulation of smart money + good results suggests this stock can go big. Q1 FY2021-22 Q4 FY20-21 Total Income ₹ 508.77 crs ₹ 445.82 crs Up 14.12% Net...
So the price action concept is: had been falling till Mar 2020 since 2017. since 2017 we saw a steady fall till Mar 2020. 1. Since Mar 2020 , it kind of went into a consolidation between 63 and 31 levels. 2. Now let's look at the structure. The entire fall can be condensed into a downsloping channel. There are two upper trend lines . Both have been tested at...
So the concept is: NSE:UFO had been falling till Mar 2020 since 2015. The fall was steady during 2015-2018. But since 2018 we saw a relatively rapid fall till Mar 2020. Since Mar 2020 , it kind of went into a consolidation between 116 and 60 levels. Now let's look at the structure. The entire fall can be condensed into a downsloping channel. There are...
Disclaimer-: 1. FOR WHOM VOLUME PROFILE AND MY METHOD IS A LITTLE NEW OR BLURRY . I WILL SOON PUT UP AN EDUCATIONAL POST WITH DETAILS AND EXAMPLES. WE CAN HAVE A SERIES OF DISCUSSIONS THERE TOO. DO FOLLOW MY ACCOUNT TO GET NOTIFIED. 2. Do ask your questions in the comments if any. Volume Profile-: Using Volume Profile one can identify probable accumulation or...