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Accumulation, markup, distribution aur markdown ka dhaancha
Published by The Retail Trader · JUL 26, 2026 · Market Structure
Market lagataar upar ya neeche nahi chalta. Wo chaar tarah ke daur se guzarta hai, aur har daur mein sahi behaviour alag hota hai. Ye ek framework hai, ek prediction tool nahi.
Accumulation wo lamba boring daur hai jab bhaav ek range mein rehta hai aur koi baat nahi kar raha. Markup wo hai jab trend upar shuru hota hai.
Distribution phir se ek range hai, par is baar oonchai par, jahan interest zyada hai par bhaav aage nahi badh raha. Markdown uske baad ki girawat hai.
Framework ka kaam expectation set karna hai:
• Range wale daur mein trend strategies ka fail hona normal hai.
• Trend wale daur mein mean reversion strategies ka fail hona bhi normal hai.
• Phase real time mein certain nahi hota — wo peeche mudkar hi saaf dikhta hai.
• Position size phase ke hisaab se badalna zyada practical hai, strategy badalne se.
Is framework ka sabse bada faayda sabr hai. Boring daur ko boring maan lena aur us waqt kam trade karna — yahi wo ek behaviour hai jo poore saal ke result par sabse zyada asar daalta hai.
Ye article sirf educational hai — koi buy ya sell recommendation nahi, koi guaranteed return ka daawa nahi, aur koi advisory nahi. Rules, rates aur mechanics exchange, SEBI aur RBI time-time par badalte hain, isliye har number apne broker ya official source par khud verify karo.