chances of consolidation!!!
The market always moves in a phrase...
THE MAIN FOUR PHRASES OF MARKET ARE :
1] accumulation
2] advancing
3] distribution
4] declining
NIFTY was on distribution stage since september to march preceding decining stage
THERE IS A HUGE POSSIBLITY OF CONSOLIDTION BEFORE FURTHER UPTREND
NOTE: MY ABOVE ANALYSIS MAY NOT RESULT TRUE BECAUSE NONE CAN PREDICT WHERE THE MARKET WILL GO.
THE MAIN FOUR PHRASES OF MARKET ARE :
1] accumulation
2] advancing
3] distribution
4] declining
NIFTY was on distribution stage since september to march preceding decining stage
THERE IS A HUGE POSSIBLITY OF CONSOLIDTION BEFORE FURTHER UPTREND
NOTE: MY ABOVE ANALYSIS MAY NOT RESULT TRUE BECAUSE NONE CAN PREDICT WHERE THE MARKET WILL GO.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.