Nifty consolidation since October 2021

Nifty has gone into consolidation mode since October 2 021 as is evident from the weekly charts. One needs to play out the bottoms and the tops accordingly . nifty is waiting for fresh news sentiment and money to break out the previous highs however . given the inflation Ukraine war it seems nifty may continue to be in consolidation mode for a while earnings of individual stocks could play out a significant role here watch out more on this space.

Type using Siri voice keyboard please ignore the typos.