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.