Current market structure of Naukri
After a good uptrend followed by a tough downward pressure, the overall structure seems to have started improving.
The tough downward pressure in the foregone period saw lower highs and lower bottoms, but when it was declining the bottoms weren’t falling as much as the tops had been falling. This is a good sign, and the making of a strong base before a good uptrend starts.
The tough downward pressure in the foregone period saw lower highs and lower bottoms, but when it was declining the bottoms weren’t falling as much as the tops had been falling. This is a good sign, and the making of a strong base before a good uptrend starts.
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