yvatsji

AFTER SPRING TEST WHAT NEXT ! IS LOW IN MARKET BOTTOM OR NOT!

Long
NSE:BANKNIFTY   NIFTY BANK
IN MY LAST ANALYSIS IM SHARED ABOUT THE SPRING TEST IT CAME. BUT THIS CHART WAS MONTLY SO THE SPRING MOVE SHOULD STAY TILL END O THIS MONTH ONLT THEN IT WOLD BE VALID FORMATION O MONTHLY ACCUMULATION PROCESS .IF I SEE A WEEKLY CHART WHICH I SHARED WITH YOU ,WHERE DISTRIBUTION IS GOING ON , THE BLUE COLOUR ZONE I SHOWED IN FIG IS CELING OR THIS SPRING MOVE WILL BE TESTED IN COMING WEEKS .I THIS ZONE IS TAKEN OUT SOMOOTHLY WITHOUT FALSE BREAK OUT THEN TREND O ALL MARKETS WILL REVERSE OTHERWISE WE WILL AGAIN MOVE DOWN EITHER TO TEST RECENT LOW MADE BY MARKET OR CAN MAKE NEW LOW. SO OR INVESTMENT ALLL MOMEY CAN NOT BE USED IN ONE GO. IT SHOULD BE DIVIDED ATLEST TWO PARTS.