An economy moves in a cycle, also the stock market obeys similar kind of pattern. For economy, there are growth and recission phases. Likewise in the stock market, there is bull and bear phase. For any stock market player, it is very crucial to determine the phase of the stock market. Or what trend it is going to follow in the near future. Forthwith, there are indicators to convey a sense about the phases of the stock market. Furthermore, some
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