Nifty 50 views as of now

Nifty 50 , did attempt a close below the monthly level on 4/11/2024 but, have retraced from a daily support level and with adjusted close could close with in the zone.

Then, by the next day, Nifty 50 could clearly close above the monthly zone.

In, this whole sequence, the bounce from daily to monthly to weekly was beyond my grasp as of now.

Nothing, much to say...