The emergence of a long bear candle on the daily chart, coupled with a decisive break below the 25,000 support level, points towards a significant downward shift in the market. This pattern, according to Nagaraj Shetti of HDFC Securities, confirms a short-term top reversal at the 25,333 level.
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The December weekly closing formed a neutral candle, reflecting indecisiveness in the market due to the holiday season. Short-term support is around 23,200–23,300, with potential