This is the weekly chart of Fortis Healthcare Limited, and the structure currently looks technically weak after a failed rebound

1️⃣ Prior Trend Structure The stock had a strong bullish rally: From ₹620 → ₹1100 Clear higher highs and higher lows After this rally, the stock formed a major top near ₹1100 and entered a downtrend. 2️⃣ Current Market Structure Right now the structure shows: Lower highs Lower lows Recent bounce toward ₹950 failed, which confirms seller dominance. This is typical bearish continuation behavior. 3️⃣ Important Support Zone The red line you marked: ₹810 – ₹820 This level previously acted as: Strong support Demand zone during the earlier uptrend Price is now approaching this level again. 4️⃣ Breakdown Confirmation If the stock closes below ₹810 on weekly basis, the structure becomes clearly bearish. That would mean: Previous demand zone failed Sellers regained control 5️⃣ Downside Targets If ₹810 breaks, the next supports are: Level Reason ₹780 Minor support ₹750 Strong historical demand ₹720 Major base support Your arrow pointing toward ₹750 zone is technically valid. 6️⃣ Momentum Clues The recent candle is: Large bearish candle Closing near lows Near support This indicates selling pressure increasing. 7️⃣ Bullish Invalidation Bearish view becomes invalid if price: Reclaims ₹900 Breaks ₹950 resistance Then it could attempt another rally.