Market is back in the range after making all time high in Nov 2022. In our last blog post we did mention that for any bull rally to be sustainable, we need more stock participation which does not exist as of now. And this one chart tells the story, do you know which 1 it is!!!
What does below chart tell us? To understand read here.
Market cannot go up if stock are not participating in the rally.
Market remains range bound, be cautious...
Market remains range bound, be cautious...