Search in ideas for "WYCKOFF"
Balkrishna Ind: Wyckoff Distribution Over, Mark-Dow UnderwayFurther to the recent updates, the price action suggests that Wyckoff Distribution is complete and a Mark Down phase is underway in Balkrishna Industries. Here is the link which has the Point & Figure Horizontal count d.pr
Page Industries: Wonderful Wyckoff Re-distributionThis stock has taken a knock recently. The price action comes across as a nice set of Wyckoff redistribution. The first target was achieved and the second one is pending. This link has the point and figure horizontal count target. d.pr
Aditya Birla Fashion: Nice Wyckoff Case StudyAs highlighted in the chart, price has completed a Wyckoff Accumulation phase. Breakout from the range with higher volumes indicate the start of Mark-Up phase.
Watch this stock.
TIL: Text-Book Wyckoff AccumulationThis stock is a perfect candidate for those wanting to study Wyckoff methodology. Price has cleared the inside-channel line and has to clear the upper / bigger trend channel.
Chances are that we might test the lower end of the trading range, marked in green box. Such a move may offer a nice buying opportunity, provided our assumption of Accumulation is valid. On the contrary, a breakout above recent highs would indicate that the Mark up phase is underway.
Plan your trade and position size based on your risk parameters.
Chennai Petroleum: A Case For Wyckoff UpthrustAfter about 6-years, price revisits price high which comes across as the "Automatic Rally" high in Wyckoff parlance. IF this assessment is right, then expect the stock to drift to the lower end of the range. A breakout past the high of this month at 313 would indicate that the stock is in a mark-up phase and that could open up massive upside.
For now, am not too bullish. Awaiting more confirmation.
Wyckoff accumulation - BTCWyckoff accumulation schematics played out in bitcoin. Big boys are accumulating bitcoins.
Nifty approaching resistance levels. Nifty has resistance at 18100 - 18200..
If there is a positive breakout it will got to 19800 -20000 levels, if it fails, then we might see 13k - 15k levels.
NIFTY ENERGY leading NIFTY 500 benchmarkNIFTY ENERGY is leading NIFTY 500 benchmark. Breakout from a small consolidation seen in the week of 28 March 2022. Good sector to pick names like TATA POWER, Adani green, Reliance, Powergrid and NTPC as these have momentum.
