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Panicsell

The Royal Trapping of Retailers - Pre-warnedOn 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 of the day FIIs and DIIs bought all the stocks resulting in Net +3000 crore of Buy activity despite major fall across all sectors I wrote a 8-part article already about this on same day. Additionally I Pre-warned on Dec 31 that similar situation is expected to happen on Jan 1st week as 6 out of 13 sectors are meeting their long term resistances together. Today - it came to Life. Another big round of sell-off across many sectors but net activity of FIIs and DIIs are both on BUY side. So who got fooled ? Who got trapped Royally?? It's us the Retail investors who once again don't have the perseverance, the technical knowledge of charts , the conviction on their own portfolio falling prey to Panic Selling. We need to " Learn to Ride the Tide irrespective of its Side " Thats the moto of our group - Stocks-n-Trends Team Stocks-n-Trends
NSE:CNXSMALLCAPLong
by Stocks-n-Trends
Lessons of Trading by News - MMTC - "Let it" or "Delist it" ???Time and again the stock market gets some knee jerk reaction from Investors based on some Hot News. But most news are shortlived and forgotten in forthcoming days. One such interesting counter is MMTC - A PSU Mineral Trading Company with 89% stake with Govt of India. Technical Analysis: Monthly - Inverted Head and Shoulder pattern indicating a Multi-bagger return Our initial position was at 61.55 levels and booked profit around 87-88 in just 1 month The primary reason to book profits was due to a Hot News in October from Govt that they are going to De-list the company. The counter eroded all gains within same month and fell below our entry point. For next 2 months - there is no News about de-listing - no progress - and all the Hype settled down and now when I look at the charts - its back to its beauty. You won't even remember that something happened in Oct looking at the chart now. The Original Tech pattern (Inv H&S) is still perfectly intact MMTC is once again on the verge of Breaking Out the Inv H&S pattern. It has to settle above 68 WCB for neckline BO confirmation Further it also has to close above 72 WCB for resistance BO and further upside CAUTION: New Entrants / Safe Players - please AVOID this counter. There is still no clarity on delisting process from Govt. Existing players hold for further gains and make most out of this until you see a significant reversal Disclaimer: Stocks-n-Trends is NOT a SEBI registered company. We do not provide Buy / Sell recommendations - rather we provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide" and consult your Financial Advisors before taking any positions. If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-Trends
NSE:MMTCLong
by Stocks-n-Trends
The "What" vs "Why" Series - (1) TRILTransformers & Rectifiers Ltd: TRIL When any Stock faces a Sudden Crash or a Sudden Rise - many Retail Investors go Ga-Ga over the question "Why why why did it happen ??" - especially on a crash. Their worry is on whether to Hold or Exit their holdings Such violent moves typically are caused due to some NEWS. Obviously we all have a portfolio of atleast 20+ diversified stocks and it's not humanly possible to keep Real-time track of every News around the counter. So Why do we really worry about the "Why" ??? The Real Question to ask is "What do we do now" - and the answer is 1. Refer the Support and Resistance levels on the chart 2. Check for any potential Breakdown of Structures like Parallel Channel, Flag Breakdown etc... 3. Most importantly check the Higher Timeframes Weekly / Monthly Manytimes a Pattern Breakdown on Daily just forms a Wick (SL Hunting) on Weekly or Monthly - Fooling us Let's see with an example TRIL - Weekly Chart: 1. Multi year Parallel Channel - Upward 2. Repeating "Cup" patterns During Late July - there was a News from one of the Clients of TRIL accusing the company of defrauding them of marking an order as complete but consignment was not received. The stock crashed 20% same day - even before the TRIL management could respond. The crash continued from 110 to 80 for 2-3 sessions. Think again - it's just an accusation - yet to be responded, yet to be proved. But due to Media Hype retail investors sold in Panic - many in loss. Does it really make sense ??? From a Pattern wise - "Repeating Cups". 1. Whether the Cup forms slowly or it hits the Bottom of the Cup is hit in 2-3 days - does it really matter ? 2. 6 months down the line - when someone is analysing the chart - would you see a Repeating Cup or do you remember why it fell to bottom of Cup everytime ??? 3. THINK AGAIN - we only see a Cup irrespective of the reason. And when bottom of Cup is reached it rises almost 2x higher. Thats what chart shows. I had position at 100, when it reaxhed 78 and started rising I averaged at 82 and had conviction to hold and made amazing gains in just couple of months to 170 levels - all 3 targets given earlier were hit 🎯💯 The reason for my conviction is "accusation is not proven" and "pattern repetitions are not broken" + "support levels intact" This is why our motto is "Learn to Ride the Tide - Irrespective of its Side" Forget "Why things happened"...Focus on "What to do" - Team Stocks-n-Trends
T
by Stocks-n-Trends
Decoding the Mystery Behind Dec 20 Fall - Part 77. Nifty Auto -2.28% 3 Months - Rounding Bottom BO done. Target 19752 - nothing wrong in 3 Months / Monthly scale - its going up and wick is getting formed once in a while Weekly - as you can see at every step - there is a Horizontal Consolidation (BOX Pattern) for some weeks then BO, again BOX BO and repeat..... When the stock / sector has a crossed ATH and goes up - there is no more resistance it push it down. But it writes its own fate by creating new Support & Resistances once again because of People's Greed & Fear. When majority thinks it has grown too much - they sell off causing a temp dip. As you can see - there are bigger Red candles in Weekly history. Absolutely nothing wrong - and Still in the Bullish pattern - no negation of pattern anywhere. Trendline Support is also an additional support
NSE:CNXAUTO
by Stocks-n-Trends
Decoding the Mystery Behind Dec 20 Fall - Part 66. 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 ??
NSE:CNXREALTY
by Stocks-n-Trends
Decoding the Mystery Behind the Dec 20 Fall - Part 55. Nifty Energy -2.68% fall 3Months / Monthly - After a steep rise initially - the sector has reduced the angle of growth - forming an upward parallel Channel with an Embedded Flag Pattern - BO is also done 6 months back Weekly - Precise Rejection from the Long Term Trendline Resistance. See how beautifully it touches the top of the Green candle and cuts thru this week's Red. Remember one thing - when each sector faces their Resistance separately the fall is smaller. But when ALL Sectors face their resistances together on same day - the Fall usually is significant. Because this is how big players Orchestrate the fall and due to this "Repeated Human Behavior" the Chart pattern becomes "Predictable and Repeatable"
NSE:CNXENERGY
by Stocks-n-Trends
Decoding the Mystery Behind Dec 20 Fall - Part 44. Nifty Mid Cap 100 -3.27% Monthly - Upward Channel with Fib Golden Ratio 0.618 retracement - 1.618 extension Target given was 41,346. Target Met & Exceeded Weekly - Look at 1.618 level crossing and a minor correction caused by it. See how precise Technical Analysis work. Once a target is reached usually we find a retracement after testing that level Similar to small cap - after the BO of upward Parallel channel / wedge - the customary Retest process is initiated. Same as small cap - as of today - it's an Bearish engulfing candle - but have to wait for weekly close to see. Irrespective of the size of candle - once a retest begins - it just happens - whether its faster or slower does not matter. next support at 41302
NSE:CNXMIDCAP
by Stocks-n-Trends
Decoding the Mystery Behind Dec 20 Fall - Part 33. Nifty Small Cap 100 - 3rd highest fall today - 3.63% Monthly - Upward Parallel Channel BO + Cup & Handle BO confirmed at Monthly as of Nov Weekly - The Customary BO Retest process in progress. Today's fall has formed a Bearish Engulfing Candle, but only by weekly close we can confirm if it is still an Engulfing Candle or a smaller one with a wick at bottom. Folks in IT / Agile process would use the term "Definition of Done.....which says "Anything is not Done until its fully complete" - So wait for the weekly close to derive the real story
NSE:CNXSMALLCAP
by Stocks-n-Trends
Decoding the Mystery behind Dec 20 Fall - Part 11. Nifty Media - the Biggest Fall among its Peers (-5.11%) - Comparison between Monthly & Weekly Chart Month - Beautiful Cup & Handle Pattern - BO attempted today but didn't sustain (no change in pattern) Week - Inside the Handle - there is an Inv. H&S pattern - Look at the rejection today from BO + Resistance zone of 2500 Neither is this the Biggest Weekly fall (as per weekly chart) nor does it negate the current Bullish Pattern. After 2-3 months when you see the weekly chart - does it really matter whether it fell 5% in 1 day or 5% in total across the entire week ? no one cares. So why so much noise ?
C
by Stocks-n-Trends
I'm not panic sellingI'm holding all my long positions, before the sell off I sold a lot of covered calls, so I'm making some cash during this bloodbath. Price still trading within the bullish channel, I'll wait until next week to add or just hold. I already secured some cash from the covered calls and I saving it if I see bulls activity. The 360 level is very strong, I don't think is going to break it that easy and also coincides with the bottom of the channel. Just waiting now with some cash to add, probably next week.
NASDAQ:QQQ
by ArturoL
As Panic Grips Dalal Street Fib Levels on Monthly Chart.Globally we are seeing a good uptick in the market since few days but panic selling in NIFTY has brought it crashing down near major support levels. On the monthly chart drawn here. We look at the major supports on a Fibonacci scale from where NIFTY can bounce back. Major Fibonacci Supports from Current levels are: 18013, 17472, 17036 and finally 15976. Below 15976 NIFTY can retest recent 2022 lows of 15813. Below 15813 we have the 50 months EMA which is near 14483. However in our opinion 18013 looks like a very very strong support. Let's hope that Nifty holds it. If the level holds we can see a bounce from there. If not bears can take firm control of the proceedings.
NSE:NIFTY
by Happy_Candles_Investment
BTCUSD D4. A-A or B-B, which scenario will you choose?Please note, this is not a daily chart, 1 bar = 4 days. Scenario 1. A-A trading range, the previous high (69k) can be seen as an Upthrust and a Signal of Strength. At the moment, we have reached a significant level of POC and there is a possibility (according to the theory of cyclicity) that after the 25th there will be a rebound upwards. Also, the further development of the pattern, can bring us a Spring signal, I mean, dropping below the 30,000 and a quick return to the top. Scenario 2. Trading range 2-2, there is a possibility that the current movement is a Shakeout with the goal to reach the 20k zone. Perhaps in this way "they" want to throw all the hamsters off the train, buy BTC at a "cheap" price, and only then go upstairs.
BITSTAMP:BTCUSDShort
by dmitry089234