Stocks-n-Trends

Decoding the Mystery Behind Dec 20 Fall - Part 6

NSE:CNXREALTY   Nifty Realty Index
6. Nifty Realty -2.43%

3 Months / Monthly - Beautiful Rounding Bottom structure - BO also done already @ 3M scale
Weekly - Upward Parallel Channel Structure with a Confluence of 3 Months Resistance @ 755 acting together. Double Resistance - Double Strong Analysis and a big fall today

Its not your FII friends / Covid Virus / Christmas Santa pushing these sectors down. On a normal day when any stock / sector faces a Resistance - it is bound to Fall - that's like an Open Secret. This is exactly what happened today. So Why so much Hangama ??

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.