KEI - The contraction in KEI dropped from 12 % to 4% over a period of 17 days. This means the weaker buyers were getting out and the stronger ones were accumulating which resulted in the stock shooting up 10% in the next 3 days post getting into very tight movements in the last 3 days of the total 17 days.
#GRSE-bought at 140, after #vcp setup with the volatility drying from 13% to 6% .The Stock though was 80%(100 preferred) up from 52 week low so bought less. It shot up 25% in 14 days. Closed 25% quantity on that day and the rest today.
Total return 20% in 20 days.
Bataindia - Bought it after a volatility contraction pattern formation with the volatility dropping from 14% to 3% in the second contraction (marked by the green curve lines). A drop of 50% in volatility is good but in this case it dropped more than 50%, which means most of the weak buyers were out of the stock.
Institutional buying drove the price higher by 22%...
The Chart shows Volatility in the price movement going down for two consecutive weeks, in week A it is 12%, in week 2 it goes to
8%. Now for us to be sure we need to see a drop of at least 50% from one week to another and from week B to week C we get that too. The contraction goes from 8% to 4% and the stock after going straight for a week goes flying up 14% in a...
Another interesting chart this one. Stock is in a major uptrend. It has been consolidating off-late and the daily price range is contracting steadily. Looks like price is coiling before a big breakout move.
Have this in your watchlist.