There are few more sectors - but I think the above 8 analysis would have given you clarity of what's going on
When ALL Sectors face their individual Resistances together and everything starts to fall - it Attracts People's attention and Triggers PANIC causing much bigger Fall.
This is Technical Analysis - Undisputable - No Stories - No Assumptions - No Covid - No Santa. If you learn it - you can predict it and save your money.
Don't sell your positions now as it has already gone down badly. But next time, when all sectors "Kiss their Resistances and your stocks are at Peak - Book Profits and Wait" If you Truly want to Beat the Market - Master the Analysis first
Hope you all like my Analysis and its clear and understandable to all.
The cumulative action of Resistances across sectors caused Retailers to see a mass Red activity across the board and triggered PANIC Selling
FIIs and DIIs cashed in the opportunity like a Christmas cake 🍰🍰🍰
We were just manipulated. The market will rise soon and whoever sold off the positions would learn the trick
Please do Share your Valuable Feedback / Comments (even if you don't agree - let me learn something from you) 🙏🙏🙏
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