Cypher
The buls eye.The price can shoot like an arrow for bulls eye.
Yesbank Double Cypher pattern, Targets and stoploss on chart.
Keep a check on bank nifty levels , may retest the entry levels but double bullish cypher will play it's role.
Stoploss on closing basis, only short term targets mentioned, it may go far beyond after a bit retracment.
May retest 300 levels before shooting up.
YesBank: Bullish CypherLong trade will be opened above 345 for 355-362 zone target.
A tighter stop could be below 336 but the pattern stop is below 325.
If stock falls instead of opening long trade above 345, sub-patterns can be seen on lower TF for better entries.
There is one more reason besides cypher that I am looking for pullback? The hint is in the chart.
Trade only if you can afford to take the risk involved.
Regards
IDFC Falling Wedge BreakoutIDFC has been moving in a falling wedge since 2018, currently testing the upper edge. Awaiting a breakout/reversal . ALso a possible Cypher in the making.
INTELECT DESIGN: FIBONACCI F.A.C.TCan witnessed Harmonic Bearish CYPHER (Last Leg)?
Best Intraday LONG: @ 186.30 - 184.70
Intraday TGTs: @ 190.30 - 191.9 - 193 - 196.1 - 198.75
WEEKLY (Positional): @ 199.80 - 204.60 - 209.85
Rest Plotted & mentioned on Chart.
Education Purpose Only.
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Auropharma - Cypher Hiding in the Cloud 597-615 & BackThere is a bullish cypher which is hiding in the cloud.
Risky Traders
Buying in the range 595-597 with strict stops below 595 for target 610-615 & if any resistance seen in 615-617 -can be seen as selling opportunity for target 600-590 -580 later
Safe Traders
Buying above 607 for 610-615 & if any resistance seen in 615-617 -can be seen as selling opportunity for target 600-590 -580
Note - No Selling Trade Above 520-521 zone & No Buying trade below 595
HCL INFO-A CASE OF WYCKOFF ACCUMULATION IN POTENTIAL MULTIBAGGER
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 provisional target from the point and figure charts..
Details about wyckoff schematics can be found in the following link containing
"Anatomy of a Trading Range " by Jim Forte ...https://static1.squarespace.com/static/54fed56be4b0b8a1d3d33918/t/55808ff8e4b0bcfabac9ae03/1434488824889/Anatomy+of+a+Trading+Range.pdf
Also a reference to a blog by my favourite wyckoffian, Bruce Fraser
stockcharts.com
stockcharts.com
Disclaimer... Interested , not invested...will think of taking position if satisfied with the fundamentals which is currently under search
Not an investing/trading recommendation






















