The Basic Principles: Three Wyckoff Laws PS—preliminary support, where substantial buying begins to provide pronounced support after a prolonged down-move. Volume increases and price spread widens, signaling that the down-move may be approaching its end. SC—selling climax , the point at which widening spread and selling pressure usually climaxes and heavy or...
Dmart in Accumulation Phase. Read more on: school.stockcharts.com
Bajaj Finance - End of Wyckoff Accumulation Phase
Nath BIO-Gene is at end of Accumulation Phase. May start its uptrend from here. Analysis is based on Wyckoff Analysis.
Exide Industries Completed the Accumulation as per the Wychoff Theory.
Guidelines for Bearish Cypher: 1. The AB leg moves higher to retrace the XA leg. This retracement should bring prices to the 38.2 to 61.8 percent level of the XA leg. 2. The BC leg moves lower, takes out the swing low at point A, and terminates between the 127.2 and 141.4 projections of the initial XA leg. 3. The CD leg moves higher and terminates near the...
Nifty is in progress of forming a bearish Cypher Harmonic pattern. . Once we get the confirmation can go for a Short.
CMP: 17080 Sell Entry: 17140 SL: 17155 Target: 17040 to 17026
#Tata Motors QML Pattern. A QML is a reversal pattern that is created after a significant move in the market. Price will retrace back to fill the liquidity void. our main focus is a QML(Quasimodo Pattern) with FTR and Liquidity void for high-probability trading. Wait and Buy @ 390 T1: 443 T2: 460 SL: 380
QML Pattern: Script: Indusind Bank Entry Range: 872 to 854 T1:1026 T2:1222 SL:758
The Quasimodo Pattern is also called Over & Under pattern. It is an advanced price action trading concept in the trading industry. The Quasimodo pattern is more than a confluence pattern or entry technique than a trading strategy. It uses to confirm the trader’s bias. Current example for QML reversal trading. Script: ITC Wait for Entry: 334. T1: 360 T2: 390 SL: 323
Stage Analysis - Suggest a Buy for MTARTECH. Stage Analysis Background Stage Analysis is a strategy for longer term trend trading. It was discussed in detail by Stan Weinstein in the book Secrets for Profiting in Bull and Bear Markets. Stage Analysis uses chart patterns to describe four distinct stages that a particular trade can be in. The stage, and...
As on 2nd Dec 2022 MTARTECH SHARE Price closed @ 1737.80 and we RECOMMEND Buy for LONG-TERM with Stoploss of 1658. Short Term Target-1: 1827 and Target-2: 2028 Long Term Target: 2580. India's defence sector is booming and this stock is coming our from a good consolidation. This is analysis is based on Elliot Wave Theory.
Tata Elxsi - Elliot Wave Theory based long term trend analysis. Buy between 6450 and 6750 Target: 9000+ Holding period 1 Year.