Market Structure- Clear breakdown from rising trendline + support. Weekly structure turned bearish after losing 6737 and 4572. Strong lower-low lower-high formation confirms trend reversal. Price Behaviour- Aggressive selling with big red candles → momentum bearish. Price broke the major swing support and is now entering long-term demand zone. Sharp fall suggests institutional unwinding. Key Levels- Breakdown Zone: 6737 Major Support 1: 4572 Demand Zone: 3715–3264 Upside resistance: 551 to be reclaimed for reversal (Weekly closing required). Reason for Fall- Trendline breakdown + multiple failed retests. Very high valuations → correction triggered. Heavy volume selling after losing 6737 support. Bearish sentiment in the broader midcap tech basket.

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