techtrail

techtrail

The Nifty 50 index bounced off the lower parallel of the Wyckoff reverse-trend-channel. Here is the chart with pitchforks. Notice how price bounces off the first warning line of the green pitchfork. Outlook is bullish for the Nifty as long as the recent lows are not violated...

techtrail

Price has been in a downtrend recently, captured by magenta lines. The recent rally has broken the sequence of lower highs and lower lows. Price rally today with higher volumes is promising. Look to buy this stock.

techtrail

This stock was discussed earlier and has since moved up sharply. After a brief consolidation, the rally today represents a fresh breakout from the smaller trading range. Am holding this stock and might add more. Looks promising.

techtrail

The stock was highlighted earlier . The price action subsequent to this post has been constructive. A nice range breakout has happened. Keep a watch on this one.

techtrail

The price action is very encouraging from a Wyckoff perspective. I will watch this stock this week for a potential pull back or "back up to the edge of the creek" in Wyckoff parlance. Looks promising.

techtrail

The stock has been in a consolidation for a while now. There has been some semblance of buying interest in the past few weeks. The recent price action indicates tight consolidation near a short-term resistance. A breakout past 110.6 would be interesting event to look forward to. Am watching this one for potential long entry.

techtrail

Please check the annotations in the chart. Price has been consolidating and I will be a keen buyer when the breakout happens.

techtrail

I had highlighted this stock earlier . It has since appreciated by about 30% and going strong. Price action is constructive today after yesterday's volume spike. I own shares in this company. Would add more today.

techtrail

Watching this stock with interest. Volume spike yesterday is interesting while the price action was muted. Stock is at fresh highs. Am watching this stock with interest.

techtrail

The stock is in a major uptrend and has been in a corrective phase in the past few weeks. The recent price action over the last few days indicate that selling is drying up and the stage is probably set for an upward spike. I would be interested in this stock if I see the anticipated spike up in price, accompanied by higher volumes. Am watching the price action closely.

techtrail

Stock is in a major uptrend. It's been consolidation in a tight trading range in the past few weeks. Price action in the past few days has been constructive and the rally today is promising. A breakout past the high of the range, backed by higher volume will be interesting. I bought this stock today. Would add more on a breakout. Watch this one !!

techtrail Updated 

This stock has been a star performer and I have tracked and traded it too. This stock has been featured here way before the move started. I did not participate in the run up fully though. OK, that was a brief background. Off to the charts now. Notice the spike in trading volume and the price action. We have seen one of the biggest percentage decline in the stock,...

techtrail

This is a follow-up to the previous idea. The action reaction lines are holding up well. The breakout today from the trading range is positive development. The volume spike is interesting too. Am long this stock and happy with the move today. Hope this continues...

techtrail

After a consolidation, price seems to have broken out to new highs today. It remains to be seen if this breakout will sustain until end-of-day. If it does, then this stock could be another prmising breakout candidate. Let's watch this one along with others highlighted recently.

techtrail

The stock has been in a corrective mode off-late. Lot of interesting developments in the chart in the past few days. Price has bounced off the prior breakout zone. The correction has also been arrested at the medianline of the downsloping fork. Price action today is promising. A close today near the days high backed by volume spike will be a a welcome bullish...

techtrail

Another interesting chart this one. Stock is in a major uptrend. It has been consolidating off-late and the daily price range is contracting steadily. Looks like price is coiling before a big breakout move. Have this in your watchlist.

techtrail

This is an example of the simple concept of breakout & retest. Notice how price corrects hesitantly even as trading volume dries up. This is classic signature of a stock in an uptrend. Notice the breakout today with higher volume. Everything suggests buyers are active in the stock. Keep it in your watchlist.

techtrail

The stock is in an uptrend. After a brief correction, the stock staged a breakout today to new highs, backed with volume spike. It has also completed a cup & handle pattern. Am long this stock.