Looking at similar pattern in 2001 , It is repeating now in 2023.
So this can take a while to hit the ATH , so its really tough time for investor for who bought at high price. but as the inflation is high and considering the % of Breakout the consolidation range can be shorten then the previous pattern. So in upcoming days if the trend line is broken it can go up to 300 in worst case even below that. and can consolidate with in a range.
So this can take a while to hit the ATH , so its really tough time for investor for who bought at high price. but as the inflation is high and considering the % of Breakout the consolidation range can be shorten then the previous pattern. So in upcoming days if the trend line is broken it can go up to 300 in worst case even below that. and can consolidate with in a range.
Comment:
Breakout week
