techtrail

techtrail

Price seems to be setting up nicely for a rally. It has to clear a few resistance though. Sort out those levels and plan a trade accordingly. Worth having this one in watchlist.

techtrail

Your guess is as good as mine wrt above question. If price breaks the lower parallel of magenta fork, it would be a failure and hagopian rule will be in play.

techtrail

Stock consolidating near the medianline. Would get excited on a breakout. Watch this stock

techtrail

Check the annotations in the chart.

techtrail

The green fork has been in tune with the price action. Check annotations for more details.

techtrail

Check annotations in the chart.

techtrail

Orient Cement is setting up well in the charts. Check the annotations for further details.

techtrail

Price has been ranging for a while now. I have a What-if fork in place. Note the reversal bar off the lower parallel. Am stalking this for a potential long trade. the green and the orange colored line represent resistance / target.

techtrail

Price reached the medianline and got into a consolidation. The breakout and retest suggests mark-up phase is underway

techtrail

Price enters the prior distribution zone. Stranded buyers in the zone would offer resistance to the price rise. Expect some congestion in this red zone for a while.

techtrail

Once again the simple Pitchfork does a fabulous job of containing price action and providing key reference point. Check the chart annotations.

techtrail

After about 6-years, price revisits price high which comes across as the "Automatic Rally" high in Wyckoff parlance. IF this assessment is right, then expect the stock to drift to the lower end of the range. A breakout past the high of this month at 313 would indicate that the stock is in a mark-up phase and that could open up massive upside. For now, am not...

techtrail

Check the annotation in the chart. There is a big accumulation phase marked by the blue lines and labeling in black font. There is a smaller accumulation zone highlighted in the magenta lines & font. A breakout past Rs.110 would be a major sign of strength in Wyckoff terms. This would open up the possibility of a rally to 298-300 range.

techtrail Updated 

Am having this downsloping fork as a What-if candidate. This gives me a better perspective and a balanced view. Check annotations in the chart

techtrail

Price has hit the medianline and #Andrews101 states that price could turnaround or congest or breakthough that medianline and progress higher. Of the three options, the third one seems unlikely given the fall on Friday. The other two options - Congestion or turnaround (trend-reversal) are the two potions we are left with. We just have to wait for a few weeks to...

techtrail

Price has hit the medianline and #Andrews101 states that price could turnaround or congest or breakthough that medianline and progress higher. Of the three options, the third one seems unlikely given the fall on Friday. The other two options - Congestion or turnaround (trend-reversal) are the two potions we are left with. We just have to wait for a few weeks to...

techtrail

Watch this stock. could turn out to be a swift mover on the upside.

techtrail

Sun Pharma Chart is a nice case-study for students of technical Analysis. Irrespective of what your area of expertise is, there is something for everyone. Harmonics, Point & Figure, Wyckoff, trend channel and Andrews Pitchfork to name a few. I expect price to test the red-colored middle sliding parallel at 890-900 band.