Price Action Analysis of Nifty
Updated
Breakout: When price go above the upfront resistance with increased volume and momentum.
Sideways: When price move within a fixed range.
Accumulation: When there's a consolidation with increased buyer interest (Above Average Volumes) [Demand Zone]
Distribution: What will be the opposite of Accumulation? Answer in the comment section
Sideways: When price move within a fixed range.
Accumulation: When there's a consolidation with increased buyer interest (Above Average Volumes) [Demand Zone]
Distribution: What will be the opposite of Accumulation? Answer in the comment section
Note
Proper Breakout after AccumulationTrade closed: target reached
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