Venky's - An Example on How Reaccumulation Works?

Wyckoff studied stock movement in terms of demand and supply almost a century back.

He categorized stock movement into cycle of -
Accumulation (Oversold Zone) --> Reaccumulation (can be multiple) --> Distribution (Overbought zone) --> Redistribution --> Accumulation

Study of each phase can be a book in itself, however we here try to demonstrate how a reaccumulation can occur.

Note - This is an analysis on past and not a buying recommendation. This is purely an educational material on Wyckoff methodology.
We intend that the reader uses the concept rather than copy any trades.