Positive breakout in Healthcare Global.Wyckoff reaccumulation
Breakout positive.
Can enter at current levels.
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Wyckoff Distribution Pattern Wyckoff Distribution Pattern on nifty 50 spot currently at LPSY—last point of supply.
Wyckoff Accumulation ExplainedWyckoff Accumulation Phase Explained by marking on the chart narrating individual stages in the accumulation phase
Wyckoff Analysis : Nifty 50 : Bulls vs Bears : Wyckoff Analysis : Nifty 50 : Bulls vs Bears : Struggle for Domination.
Wyckoff Accumulation and possible Markup.... WatchListWyckoff Accumulation and possible Markup.... Need to check the reaction on BO.
Wyckoff Accumulation or Redistribution : Watch ListWyckoff Accumulation or Redistribution : Watch List : Details in chart.
Not a Trading or Investment advice.
Powergrid outperforming NIFTY 500 benchmark1. Powergrid breaking out of consolidation. This looks to be typical Wyckoff re-accumulation tilted to upwards.
2. Its also out performing the NIFTY 500 Index, which means it has high RS.
3. Short term price target of 25 % is achievable and near term target of 40% is possible.
Jindal Steel and Power Wyckoff consolidationJindal is coming out of consolidation which started end of April 2021.. Enter at 450 - 470 for target of 650 - 680
Cipla Wyckoff consolidationCipla has broken out of consolidation which started in April 2021. Can snipe an entry at 960 - 1000 for near term target of 1400.
Potential breakout in Mastek1. Wyckoff reaccumulation.
2. Potential breakout candidate.
3. Downside risk 25%
4. Upside potential 80% -- long term.
5. Good entry at 2600 -2700 RR 1:9 downside risk 10%
Breakout retest in KEI1. Wyckoff reaccumulation
2. 3 months of tight range of 20%
3. Downside risk of 20%
4. Entry level 1180-1200
5. Near term target 1500 - 1560
6. Long term target 2500 - 2700
Breakout in Gujarat alkalies1. Wyckoff reaccumulation
2. Breakout with volumes
3. Downside risk 20%
4. Near term target 950 - 1000
5. Long term target 1700 - 1800
Good breakout with assuring volumes in JK paper. 1. JK paper gave a breakout after 230 days
2. Wyckoff re accumulation pattern
3. Near term target of 500 - 530 (60% from current levels)
4. Long term target of 650-670 (100% from current levels)
Turn around in NIFTY PSE sectorTurn around in PSE sector? Typical long term Wyckoff consolidation in the sector and might overperform NIFTY 500 once it breaks 4680 - 4700. Interesting names in the sector are BEL and HAL.
Wyckoff Accumulation Pattern Observed in Bitcoin MarketRecent analysis of the bitcoin market reveals that the cryptocurrency is currently forming a Wyckoff Accumulation pattern, as indicated by schematic 4. This is a bullish signal for the market, indicating that accumulation of the asset is taking place before a potential upward price movement.
WYCKOFF CYCLE IN BTCUSDTBTC is about to end it's phase D, and begin its mark up rally. Expecting the price to go till 49K within the end of this month.
To those who arent familiar with wyckoff cycle. Note how price reacted at the 34529 price level. When it broke the level, it came back in strongly with good volumes. Going with the basic economics, It tells how increased supply didnt affect the price and how quickly it came back to the level, showing sign of strength.
Abbreviations used:
PS -preliminary Support
SC - Selling climax
AR - Automatic rally
ST - Secondary tests
Spring - Quick fall back to the structure after the break down, reflecting demand.
COAL INDIA| Wyckoff Events and Phases explained 🎯 TARGET 210Wyckoff 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.
