CASubodhSharma

CASubodhSharma

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...

CASubodhSharma

WE need to watch these Levels closely so we can understand right time to enter for Trading range swing trading or POSITIONAL trading

CASubodhSharma

From LH and LL we suddenly see Stopping Volume and we enter into a Side Ways Trading Zone . We see Huge Spread and Volume -- thats Institutional Buying ( Prelim Support - PS ) . We see the Selling Climax . SC . We see the easy Auto Rally . AR . The AR as expected cannot take us to a new High however it takes us to high of the PS Bar. THAT is a critical Bar . After...

CASubodhSharma

HIdden Divergences in Established Uptrend / Suspected Re Accumulation Are usually Good bets....

CASubodhSharma

I feel this lookms like Classic Re Accuulation. Ph A resembles Distribution. Ph B to Ph D are Accuulmation. Currently we are in LPS testing of the Support WHICH earlier used to be the Resistance . I feel we can safely buy and buy ... New mark up is arriving soon !

CASubodhSharma

CAN some chartists Share views ?

CASubodhSharma

Can we expect some Retesting of the Trending channel Too ?

CASubodhSharma

Generally Bullish Stock. is it now Over Sold range ? Contradictory messages here . The REVERSE Divergence says Go Bullish . Zig Zag says Go bullish . However the Reverse Channel clearly shows that Volumes are higher at RED candle seeking to push below the Reverse Channel . We have just seen a low volume Spring . usually a low volume spring means its a fake spring....

CASubodhSharma

I am going to buy here -- ZigZag upward , chance to buy after Higher Low is surpassed , RSI Divergence ( almost - Prices making higher Lows , while RSI is at par or slightly high / low ) , CCI Crossing over 0 ( nearly ) . RSI inflection can be seen .

CASubodhSharma

1. This is typical Zigzag scrip . We can enter when the new Low achived and Price is on way to rise . 2. The wave has just turned green AFTER a big red Wave.. usually gives good upside move from here . 3. The CCI is just crossing Zero . For me that's always a Good indication. 4. the RSI has had inflection at very high levels . 5 The REVERSE Divergence.. Prices are...

CASubodhSharma

I have troed to mark out various Supply and Demand lines /ranges . Also the Trend Lines and reverse trend Channels . NOW i request someone to guide me how to understand this Chart .

CASubodhSharma

NOTICE the Quiet Accumulation in small Quantities . Then a Massive Buying Climax... Then easy Rise up with lesser qty upto Break Out .Can we expect violent Shake OUTS now ? What will happen. I m going to enter and EVEN if there are Shake outs will wait it out. I can see accumulation here in this Trading range !!

CASubodhSharma

Its a small and less traded stock.. I am looking at this for education and training purposes .

CASubodhSharma

Beautiful And Simple Hidden Divergence !!! We need all the Luck to BreakThrough Tomorrow ! CCI in favour , RSI in Favour , Volume Action in favor.. IS this a TRAP ? Doesnt look like..The Hidden Divergence shows us that higher Lows are being achieved at lower and lower price momentum supports . SO the Proverbial feather is on side of Bulls . Ek Dhaka Aur do ! I...

CASubodhSharma

Higher Lows in Price and Lower Lows in Oscillator Indicators . Thats Bullish for me . I hv invested Small amount . Lets See .

CASubodhSharma

Kotak is making Higher Lows While a combo of Several Oscillators are making Lower Lows . So A hidden BUT Powerful Divergence is Spotted here . I have invested a very small amount.. A few Candles and Volumes will guide us Tomorrow Morning.

CASubodhSharma

WHat Happens Next ? I am hopefulCSB can breakthrough 200 as it has taken good higher supports and absorbed a lot of weak sellers.

CASubodhSharma

Less liquidity .. there is divergence between Weis Wycoff Distribution Indicator and CCI.. RARE for me.