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Accumulation & Distribution Levels - DOW THEORY

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PUNJAB NATL BANK (NSE:PNB)  
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NSE:PNB   PUNJAB NATL BANK
Trend Analysis Chart Patterns Wave Analysis chillwithcharts dowtheory
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Dow Theory - Accumulation and Distribution
Accumulation is marked by resource-rich participants accumulating the stock at lower levels when other participants are fearful
Distribution is marked by resource-rich participants de-liquidating the stock at higher levels when other participants are greedy

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