BSE

price action shows a clear support line breakdown. The blue trendline, which had previously acted as a dynamic support connecting multiple higher lows, has been decisively broken on the downside. This breakdown indicates a shift in market sentiment from bullish to bearish, suggesting that buyers have lost control and sellers are gaining strength. After the breakdown, the price has attempted to retest the broken support line, which now acts as a resistance zone — a common behavior in technical analysis known as support turned resistance. If the price fails to move back above this trendline, it may confirm further downside momentum.