Wyckoff's Schematics - Distribution PhasePresenting Wyckoff's Schematics - Distribution Phase
We here try to demonstrate the distribution phase in Yes Bank.
We had to keep the material short cover all phases of distribution as well.
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Distribution
Bank Nifty 45 Min - May be a artificial markupReading the chart of Bank nifty 45 min. It seems like market is in bullish move , but what we are seeing might be a artificial markup. (Given US election tomorrow, we expect some bit of volatility, my take is the market will be more volatile on the day of results than tomorrow).
Nifty is in consolidation: 11600 or 11000 is on cardPosition's are getting created here (Consolidation)
The people who have good knowledge of
derivative can say whether it is accumulation or distribution.
If accumulation it will go up
if distribution it will go down
I do not have good knowledge of derivatives
so I will wait for breakout.
Sell Mastek.., This is how stock market WorksClosely observe the charts. We have shown you the accumulation zone at the bottom in green colour and the distribution zone in red colour. Operator buys at the bottom and sells at the top with the price moving in the range. We are recommending sell as the distribution is about to complete. you see huge selling pressure on daily chart candles. it is sell on rally stock..