Trend :
Support and Resistance :
Momentum :
- The index showed a strong uptrend from March to early May, reaching a peak around 2,350. Since then, it has been in a downtrend, with lower highs and lower lows.
Support and Resistance :
- Current support appears to be around 1,880-1,900. Key resistance levels are visible at 2,200 and 2,350.
Momentum :
- The sharp decline in August suggests strong downward momentum, though recent price action shows attempts at stabilization.
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