Abbott India formed a good flag and pole - with all factors necessary to anticipate bullish move. Present price can be used for call option buying and even intraday cash trade can be taken. Sector supports too, but as over all market is negative, be quick to book the profits
Lets analyse a stock with wyckoffian 3rd law ..... ..........Volume is the EFFORT and Spread (Price) is the RESULT ............. someone just looking at only price and ignoring ........VOLUME ............ HALF the data thats available for analysis Wyckoffian 3rd Law also gives importance to HARMONY...
WYCKOFF ANALYSIS Start of a campaign , good place to go long
keep this stock in watchlist looks like forming vcp pattern it will fly good if breakout come with extraordinary volumes
After absorbing the monthly supply, BANCO is moving up following a VCP(Volume Contraction Pattern). Good to buy every time it retests the newfound demand zone. Keep an eye for the price to not break below demand and form a rollover structure.
Suntv broken neckline of double bottom with volume and rsi above 60 on daily TF. Targets on chart...
Mcdowell_N gave trendline breakout with volume and looks like cup and handle pattern too, Targets on chart.
NSE:BAJFINANCE OVERALL TREAND - STRONG BULLISH ON 19TH NOV,AFTER WIDE RANGE OPENING BULLISH CANDLE,PRICE STRUGGLED TO MOVE HIGHER AND VOLUME ALSO ON DECLINING SIDE AFTER WHICH SHARP DOWN MOVEMENT HAPPENED WITH WIDE RANGE BEARISH CANDLES ON HIGH VOLUME TODAY WE CAN SEE EITHER, >>>>>>>PRICE TEST RESISTANCE LEVELS 4652-4678 AND THEN MOVE DOWN TO SUPPORT...
HUGE VOLUME WITH INCREASED PRICE SPREAD READY FOR BREAKOUT
NSE:TCS ON DAILY CHART HIGHER HIGH FORMATION IS CLEARLY VISIBLE & ALSO VOLUME IS ON HIGHER SIDE WHEN PRICE IS MOVING UP SUPPLY CAME IN ON 8TH OCTOBER WITH EXTREMELY HIGH VOLUME FOLLOWED BY SErIES OF WIDE RANGE BEARISH CANDLE.BUT VOLUME IS RELATIVELY LOW SUGGESTING IT MIGHT BE A RETRACEMENT ON 15 MIN CHART,LOWER LOW STRUCTURE WHICH FORMED OVERS PAST TWO...
Look at the chart, NIFTY is already touched all time high and bank nifty to follow. November 4th it broke the accumulation range and started forming HH and HL. Momentum is too good. I thoughi it might correct today, but it is a gap-up open today and most of the day it remained within the opening range (or forming a typical day_) and closed little higher than the...
Reading 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).
1. WEAK BULLISH CANDLES IN DAILY AND WEEKLY TF 2. DECREASING VOLUME WITH INCREASE IN PRICE 3. PRICE SPREAD DECREASING NEAR RESISTANCE
1. LOW VOLUME PULLBACK IN DAILTY TF AFTER BREAKOUT 2. BREAKOUT WAS WITH GOOD VOLUME
1. LOW VOLUME PULLBACK IN DAILTY TF AFTER BREAKOUT 2. DECREASE IN PRICE SPREAD NEAR SUPPORT