How to identify market now in sideways and when it will trending.... can u please explain..I am watching this method last few weeks... Thanks
Please check the red circle in 2111,811 stochs region and the corresponding nifty price chart.
You can see that most of the time nifty didn't move anywhere at the end of this GAP close. Nifty value at the beginning of this gap creation(2111&811 creating wide gap) and end of this gap is almost same. so no continuous trend.
Examples encircled here are the cases where 811 retraces back to 2111. But you can also see other situations where 2111 is pulled near 811.In that case nifty moves in 2111 direction...