Himadri Specialty Chemicals


(Capsule91) #65

In reference to the above post,
This is the breakup anatomy of the Wyckoff Distribution
This is a beautifully orchestrated happening by the operators , otherwise invisible to the Retail eye…
This is a bit cumbersome i know…
But its beautiful if can be read with attention i believe…
was fun charting it also…
I have used reference from this link for better written description
http://stockcharts.com/school/doku.php?id=chart_school:market_analysis:the_wyckoff_method
This is the first part, which is the basic component-events


This is the second part explaining the phases

Here the Phase A and B transition is not distinct, so some position of event change has been done in the second one…

Hope this helps…
Disclaimer… This is a pure technically analysed opinion, keeping fundamentals at bay…
Not an investing/trading recommendation…
Not invested/not interested.


(Capsule91) #66

also i noted this link…

I just marked the date and position on the daily chart…
and mentioned again what is phase C in Wyckoff distribution…

Too much of coincidence…
Disclaimer… My personal views only…


(s) #67

going by this theory the market per se is expensive and if the results and markets flow do not support it will sputter down


(phreak) #68

Crude at 3 year high, above $72 and looks heading for $80, going by macros and geopolitics (I feel these are lagging indicators in this case). I think it will be manipulated to get to $80 for Saudi Aramco listing.

Disc: Booked out all my holdings as the thesis is not as strong as it was in the last couple of years.


(ukdube) #69

Market Cap over 6000 cr but no mutual fund holding ??


(saurabhricha) #70

With a good run in the last 1 year or so and valuations looking expensive, I have also booked full profits from my entire holding (8%).