Anand_7

Accumulation Started

Anand_7 Updated   
NSE:BANKNIFTY   Nifty Bank Index
Following a significant market downtrend, the current situation indicates a phase of accumulation. We anticipate a consolidation period before a potential upward movement, provided that the support level mentioned in my earlier post remains unbroken. This analysis is supported by the observation that seller volume is not showing signs of significant increase.
Comment:
Accumulation Continue as expected
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