Stock went from 415 in March 2022 to 3800 in April 2022.A 9x growth in 2 years. It is now consolidating in the range of 3000-3800 for 9 months. Will this give birth to a new upward trend? It will be interesting to watch. Hence technically it is sideways. But fundamental analysis can be done to know the direction and extent of a new trend.
