📊 VERY IMPORTANT NIFTY INDEX ANALYSIS ⚠️
On the Weekly Chart, the major Green Trendline drawn from the March 2020 COVID low provided an exact support zone in April 2025, coinciding with a pause in tariff-related pressure.
🔻 Nifty then formed an exact Double Top in January 2026, followed by a fresh correction. In March 2026, the major weekly Green Trendline was decisively broken amid heightened US–Iran geopolitical tensions.
📉 The subsequent pullback found exact resistance at the broken weekly Green Trendline and reversed sharply, eventually breaking the minor Black Trendline.
⚠️ Trend remains SELL ON RISE.
The larger technical structure suggests the possibility of a major correction in the coming months if Nifty fails to reclaim and sustain above the major Weekly Green Trendline.
#Nifty #Sensex #StockMarket #Stock
Please Read Disclaimer & Disclosure Carefully:
chartlevels.com/social-media…