is currently in a short-term downtrend. After hitting a peak near the 5600–5800 range mid-year it has been making Lower Highs and Lower Lows. The price is currently trading around 4023.70. It has recently broken below a previous support zone near 4200 which is a sign of weakness. Immediate support the next major psychological and structural support is around 3800 – 3900. If it fails to hold this the stock could slide toward the 3400 level the early 2025 low. Immediate Resistance to show any signs of recovery the stock must cross and sustain above 4200. There is significant selling pressure near the 4600 – 4800 zone. For Buyers wait for stability avoid catching a falling knife and wait for a clear reversal or a strong green candle above 4200 before entering. For Holders watch the support maintain your position but keep a close eye on the 3800–3900 support zone a break below this could lead to a much deeper correction.

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