KMC SPECIALITY HOSPITAL PENNY STOCKHighlighted box area (1785 days ) is it wyckoff accumulation ??
also there is triangle breakout ??
Share your view
Search in ideas for "WYCKOFF"
Tata Motors: Is it a Potential Distribution?Looking this weekly chart, I have a strong suspicion that this could be a prolonged phase of distribution or ranging price action between the Magenta horizontal lines.
Price has been rejected from the upper parallel of the down-sloping fork. As per Andrews rules, there is a strong case now for a test of the medianline or the middle line of that green pitchfork.
Let's see how this pans out..
Texmaco Rail - Long term Investment BUYA clean 5 wave and then a clean abc correction.
The bottoms formation is another wyckoff in development. Once this ends..expect a strong upmove.
Sintex Industries: Sellers Negotiated at Lower Levels, What Now?Price has gone through a phase of accumulation and is now at the prior gap zone. Will it breakout or consolidate again? I am clueless and eagerly awaiting the outcome. This one is in my watchlist
FDC: Nice Price ActionPrice enters the prior distribution zone. Stranded buyers in the zone would offer resistance to the price rise. Expect some congestion in this red zone for a while.
Sun Pharma: Lots of Interesting DevelopmentsSun Pharma Chart is a nice case-study for students of technical Analysis. Irrespective of what your area of expertise is, there is something for everyone. Harmonics, Point & Figure, Wyckoff, trend channel and Andrews Pitchfork to name a few. I expect price to test the red-colored middle sliding parallel at 890-900 band.
