Stocks confirms its re-accumulation phase and ready for markup (stage2) As wyckoff , look at volatility slown in recent rally though not very clean and making High low bt to this how stocks supply get observed...
Granules has completed wyckoff in hourly chart and set to itself for trend moves. Relative strength speak same.
Look At A - nice abc pullback completed in up trend right at week demand zone. Relative strength is quite promising too.
ITC looks great as postional trading / long term though SIP.
After good Downtrend, BajajA forming six weeks flat base. We can see rising macd within base and breakout on obv.
After good downtrend ,Bajaj Auto forming bullish base. You can clearly see rising macd over last six flat consolidation. And breakout in Obv which confirms the bull are active.
Observe last three candle price action and price within rectangle. It is clearly shows bulls are quite active in this. Relative strength vs FMCG sector is also strong Overall ideal for short term trading , swing trading and postional trading
Good time to enter into stock.
Good volume activity withing Trading range. One can enter some quantity and accumulate more on near trading range. If breakout with good volume and retest, add full quantities