Price Action Analysis of Nifty
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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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.