A Bullish Accumulation !
Picture is Still not Clear Yet !
Strange Happenings here ! Just see the Volue and Price Bars . Uff !
Important Levels marked up . We can trade with these in mind now .
the True Character of this TR is not yet Clear . WAIT and watch to see action unfold
Not Sure this is Accuulation or distribution . Its surely a CH of CH . And this is Phs B only. So we wait and wait till Ph C is reached to take calls
We Can trade the TR by shorting at Resistance Top and Buy at lows If we can see Vol on rise fro TR Lows .
lONG TERM & Short Term both Accumulation Ph C/ D !!
LONG TERM BUY !
We Can either Buy at 420 types OR we can wait for more confirmed trade at Ph D BU to LPS . Depends !! SHORT on daily ,m LMONG on WEEKLY / Monthly.
We Can see what happens when ACCUULATION Takes place . The ONLY difference is how we entered the ACCUUMLATION Phase A !! IF we can learn this we can end up with 25 to 35% in very short time !!
Can see the Distribution . HOURLY chart shows us very Classic milestones as per Wyckoff model.
LOOKS like distribution here .
I am Holding these shares. So will will wait for an UT to get OUT. Praying that UT is at the BC levels. I had got in at the prev BC !! Every News Channel is helping All Metals shares in distribution. See the VERY Steep ONE Way Rise After arch / Corona. That was Due for some corrections . It could also appear like a LONG time consolidation / Rest and later Come...
DISTRINUTION. Cannot ENTER now. JUST WAIT n Watch. Its a Positional Short for 1 to 2 onths. SWING can be anyside to TRAP Retail clients .
I have marked up the entire chart to show the accumulation. We need to see the RS compared to index. The Buying Power will be strong ONLY when Index is clearly n Uptrend and the RS of this scrip is in harmony. Right now at the BU to the LPS .. this is a Value BUY and appears set to rise smoothly .
Brothers ... There will be several Trap moves in this scrip. Its a OPERATOR Driven Stock . This is a humble attempt at trying to understand their moves . PLEASE Give me your views .