KTKBANK
(For Learning Purpose)
- Currently trading in Wyckoff's Phase 1 (Accumulation)
- Test of supply happened and price started to move up with expanding volume
- We can clearly see volume expansion when price moves up and volume contraction when price moves down or trading in range
- Price might move down to ₹40 - ₹42 range before starting to move up but bullish trend is confirmed only when price crosses ₹55 mark