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Wyckoffdistribution

IS this Accumulation Or Re Distribution?From 17th to 21st Aug was Clear Buying Climax .. WE know the Down Trend Started . The Question for us.. Is this Accumulation Or Re Distribution ? For Novice like me.. Its just not clear. I can sort of trade the UT and Springs.. JUST need to be more sure if the Trading Range is Too Narrow.. After a few UTs and STs we can be more assured . In case of BreakOuts in any direction we need to study the Volumes on BO and on Tests. Another Critical point for us : Do we trade the Larger Distribution Phase Or the Shorter Accumulation Phase . Distribution Phase is Already Established and we are fully Aware. The Smaller Trading Zone -- We are rightly Uncertain . If Prices just go up from current small congestion WITHOUT sufficient " CAUSE " then --- this is just STs of Distribution Phase . So Extended SIde Ways is CAUSE ... Quick V Type recovery UNLESS it shows great SOS to cross the August BC is Just STs and a trap for novice traders.
NSE:HINDALCO
by CASubodhSharma
Divi's lab.... wyckoff distributionDelay in greenfield expansion at the Kakinada facility and slower de-bottlenecking at the existing Hyderabad and Vizag facilities are some lingering issues that are unlikely to get sorted out anytime soon.. Serious doubt about any topline growth possibility to write home about... although with the lifting of import alert for Vizag and recent clearance of Hyderabad unit by the USFDA, the compliance issues have been more or less settled down. Disclaimer.. not invested, might be interested to bottom fish, researching fundamentals
BSE:DIVISLABShort
by capsule91