1. **Rising Wedge Breakdown:**
* The index had been trading in a **rising wedge** pattern (purple converging lines).
* A **bearish breakdown** has occurred, suggesting potential for further downside.
* The price broke below the lower trendline with strong red candles and rising volume, validating the bearish move.
2. **Bear Flag Breakdown:**
* A smaller **bear flag** or **descending channel** pattern within the wedge broke down as well, reinforcing bearish sentiment.
3. **Support Zone Tested:**
* Price is currently hovering around a critical **horizontal support zone** between **24,081 – 24,240**, marked with black lines.
* The index is sitting just above this zone, and a clean break below could accelerate selling.
4. **Long-Term Uptrend Line:**
* A longer-term ascending trendline lies just below the current price (\~24,050 area).
* This could act as **last-resort dynamic support** before a larger correction.
---
* **Immediate Resistance**:
* 24,240 – Minor horizontal resistance
* 24,400 – Former support now turned resistance
* **Immediate Support**:
* 24,081 – Horizontal support
* 23,900–24,000 zone – Next key demand area
* 23,700 – Long-term trendline & psychological support
---
**Volume Analysis:**
* Recent volume spike on red candles indicates **stronger participation from sellers**.
* Bearish momentum is likely to continue unless volume dries up and bullish candles appear at support.
* The index had been trading in a **rising wedge** pattern (purple converging lines).
* A **bearish breakdown** has occurred, suggesting potential for further downside.
* The price broke below the lower trendline with strong red candles and rising volume, validating the bearish move.
2. **Bear Flag Breakdown:**
* A smaller **bear flag** or **descending channel** pattern within the wedge broke down as well, reinforcing bearish sentiment.
3. **Support Zone Tested:**
* Price is currently hovering around a critical **horizontal support zone** between **24,081 – 24,240**, marked with black lines.
* The index is sitting just above this zone, and a clean break below could accelerate selling.
4. **Long-Term Uptrend Line:**
* A longer-term ascending trendline lies just below the current price (\~24,050 area).
* This could act as **last-resort dynamic support** before a larger correction.
---
* **Immediate Resistance**:
* 24,240 – Minor horizontal resistance
* 24,400 – Former support now turned resistance
* **Immediate Support**:
* 24,081 – Horizontal support
* 23,900–24,000 zone – Next key demand area
* 23,700 – Long-term trendline & psychological support
---
**Volume Analysis:**
* Recent volume spike on red candles indicates **stronger participation from sellers**.
* Bearish momentum is likely to continue unless volume dries up and bullish candles appear at support.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.