techtrail

techtrail Updated 

Price has been in a major trading-range aka re-accumulation (that is the hypothesis) in this case. Volume signature is supportive of accumulation. Let's wait and watch this one.

techtrail

The stock has been in a nice little consolidation at prior resistance level. The price action today is very constructive. Bought initial quantity exposure today. A move to new life-time-highs will make me add to my position.

techtrail

Plotted is the nice set of action-reaction lines. Note how price respects the 50% level. Price headed to upper line at 1300-ish.

techtrail

Stock is setting up well. Minor trendline break has happened. There are early signs of outperformance Vs Nifty. Keep an eye on this one !!

techtrail

Price has broken out of a trading range with a volume spike. Pay attention to the expansion in the Bollinger Bands. Interesting stock again. Watch out !!

techtrail

Lets wait for the price to clear that selling zone. Interesting stock to include in the watchlist.

techtrail

Pls check the annotations in the chart !!

techtrail

This is the Wyckoff Schematic based off monthly chart. This stock comes across as a nice accumulation candidate. Watch this one !!

techtrail

Stock exhibiting signs of resuming uptrend. Nice correction and bounce off 50-EMA. A reversal sign crops up in the daily three-line break chart (not shown here). Am waiting for a buy signal in MACD to buy this stock.

techtrail

There are early signs of bottoming out. Awaiting confirmation before buying this one.

techtrail

After prolonged weakness, there are early signs of bottoming-out in the weekly and monthly charts. In the daily-chart, price has had a nice rally which has pushed it into overbought region. Any correction would present a buying opportunity.

techtrail

Interesting chart. Watching price action for more clues !! Breakout above upper end of the range accompanied by higher volume would tilt the scale in favor of accumulation.

techtrail

After a fall, price has seen a nice consolidation and a breakout. Close above rising 50-EMA is healthy sign. Stock looks interesting from a short-term trading perspective.

techtrail

This is a text book case for momentum traders. Have this one in the watchlist

techtrail

Price revisiting key resistance. Will the breakout happen. The chart reminds me of Pricol chart at 55-ish.

techtrail

Stock has been in a consolidation in the past few weeks. Price closed on a strong note off the 50-EMA yesterday. Would prefer some traction on the momentum front though !

techtrail

Another interesting candidate which is in a correction mode now. Any dips could set-up long opportunity.

techtrail

Price at resistance. Volatility is low and price action yesterday was interesting.