On Dec 20 - almost 10+ sectors in Nifty faced their individual resistances together - which " Triggered " a coordinated sell-off.
I once again say the word - Trigger because FIIs and DIIs just kick started a sell-off and Retailer investors fell into the trap when they saw all their stocks across sectors started falling together. Just panic selling. At the end...
I swear that everyone forgot about the HORSE pattern. It appears very seldom, but works perfectly. How does it work?
It reverse the chart to the LEFT side in order to re-test the support after a big dump. That's what I expect in mid-term for now.
Cups Cups Cups & Handles & Handles & Handles are lining up ....
STRONG RESISTANCE AT 139 BILLION TOTAL MARKET CAP HOLDS STRONG.
Will it break down ? .... or are we in for an APRIL'S FOOL SURPRISE THAT WILL SHOCK THE WORLD ???!
As you can see, we are right on the edge of two paths. BTC 2.38% may find a support between $965 and $6856(green zone) and hard resistance will be between 7100 and ∞ accordingly.
