Wyckoff
PVR WYCKOFF REACCUMULATION LONGPOSITION SIZING: 19 QTY FOR EVERY 100K CAPITAL
START OF MARKUP STAGE OUTSIDE TRADING RANGE
HEXAWARE, WYCKOFF ACCUMULATION, LONG POSITIONALPOSITION SIZING 130 QTY FOR EVERY RS.100K CAPITAL
Major Sign of Strength seen and now waiting for Backing up action
ADANI ENT, WYCKOFF ACCUMULATION, LONGPOSITION SIZING: 600 QTY FOR EVERY RS.100K
HIGHER RISK REWARD WITH POSITION SIZING HELPS MITIGATE LOWER ACCURACY
RELIANCE RE-ACCUMULATION, WYCKOFF, LONG TERMPOSITION SIZING: 100 QTY FOR EVERY 100K CAPITAL
TOOK POSITION @ 1203.60
START OF MARK UP STAGE OUTSIDE OF TRADING RANGE
TATA MOTORS, WYCKOFF, ACCUMULATION, INVESTMENTPOSITION SIZING: 120 QTY FOR EVERY RS. 100,000.
STUDYING WYCKOFF ANALYSIS
Muthoot Finance: Wonderful Wyckoff AccumulationThe stock comes across as a wonderful wyckoff accumulation candidate. If this view is correct, then price should get into a mark-up phase or a trending phase with higher spread and volume. The bullish view will be invalidated on a close below the LPS level in the chart.
Await Wyckoff Point & Figure chart target soon !!
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
Pidilite Industries: Is this another Wyckoff Stopping Action ?Have a look at the price action in volume signature highlighted in the chart. Am watching this stock with interest if there is a turnaround in price at prior resistance. Interesting case study for sure !!
Balkrishna Industries: A Potential Wyckoff Accumulation & SpringThis stock is an interesting case study for those interested in Wyckoff analysis. The price has been stuck in a range for a long while now. The recent sell off on high volume comes across as a potential Wyckoff Spring. The quick snapback into the trading range with higher volume today is a positive sign.
Am watching this stock with interest and looking to take long trades if I see further strength going forward. What I want to see is ease of movement to the upside or sign of strength in Wyckoff parlance. Strong green candles with above average volume is what I am looking for. Let's see how this one shapes up.
Balkrishna Ind: Update to Previous Post In my earlier post, I talked about a potential accumulation in this stock, based on the price action witnessed yesterday. The price action today doesn't evoke much confidence. Am watching this stock with interest as it could offer a trading opportunity one way or the other. If the accumulation view doesn't play out, then it could be a classic case of Wyckoff distribution. A breach of recent lows 920 will be a sign that distribution is underway and price could then slide sharply as it gets into a mark-down phase.
So. I am watching this stock with interest. I have no positions in this stock as of now. I exited today the token-quantity long positions taken towards the close y'day. Lets wait and watch !! Will share the horizontal count targets based on further confirmation from price action.
