Nifty Analysis
The market is in uptrend while making Higher Highs and Higher Lows. Initially it taped into order flow before breaking and closing above Higher High, ie, conforming Break of Structure (BOS) and Higher Low (lowest point before making BOS).
After that, market mitigated order flow by sweeping inducement (pullbacks after BOS or possible liquidity zone areas) to make another Higher Low before another BOS.
As of now, it's in accumulation zone (zone before grabbing liquidity or Orders) to continue its uptrend.
NOTE : IT'S JUST AN OVERVIEW, AND WE CANNOT BE 100% SURE .
After that, market mitigated order flow by sweeping inducement (pullbacks after BOS or possible liquidity zone areas) to make another Higher Low before another BOS.
As of now, it's in accumulation zone (zone before grabbing liquidity or Orders) to continue its uptrend.
NOTE : IT'S JUST AN OVERVIEW, AND WE CANNOT BE 100% SURE .
Feragatname
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