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drchsantosh
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NIFTY1! 100% | 1
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NIFTY IN WYCKOFF DISTRIBUTION
NIFTY1!
, 75Short
NIFTY1!: NIFTY IN WYCKOFF DISTRIBUTION

Nifty first became overbought in the primary trend channel and now in distribution phase of wyckoff cycle. All the components of distribution phase are labelled. PSY = Primary Supply BC = Buying Climax AR = Automatic reaction ST = SEcondary test SOW = Sign of weakness UTAD = Upper thrust after distribution

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