Hello Sir,

1 ) I observed that most indices in march 2019 reversed in April 2019.
then can I think or conclude that April indices will reverse in may 2019 ???

examples:
downloaded mostly indices report data point :

name of index march return april return may return

PSU BANK 20.96% 0.6 % —
NIFTY BANK 13.58% 0.72% —
NIFTY ENERGY 11.24% 6.89 % —
NIFTY IT -0.66 % 1.07% —
etc…

2 ) NIFTY ENERGY RETURN ( 1MONTH 3 MONTH 6MONTH 1YEAR :::6.89% 7.78% 11.82% 19.44%) April 2019 monthly report

NIFTY ENERGY continuously giving positive return as above I wrote…. what does it mean???? market is bullish on energy index and stocks?? otherwise ENERGY will reverse ??? can I pick the stock from energy index for swing trade???

3) Why major indices gave big return in march?? somethink or reasons behind that??

(in other hand, in technical analysis, EMA 1O CROSSED EMA 20 if I plotted nearly between feb and march…..bullish signal)

I want to clear this picture very closely that every month indices on reversal?? negative to positive / positive to negative (or less positive) or somethink other reason for bullish return in march month 2019???

I hope to hear from you Sir and learners…..