05/02/25

 


Key Price Levels (OHLC)

At the top, we see the latest price data:

  • Open: 23,698.25
  • High: 23,698.85
  • Low: 23,685.10
  • Close: 23,686.75
  • Change: -10.85 points (-0.05%) from the previous close.

3. Trend Analysis

  • The chart starts with a downtrend in the morning session.
  • Around 10:30-11:30 AM, there is some consolidation (sideways movement).
  • After 1 PM, there is an upward movement, but it fails to sustain.
  • After 2:30 PM, the market falls again sharply, forming large red candles towards the end.

4. Trading Insights

  • The price is making lower highs and lower lows, indicating a bearish trend.
  • The last few candles show strong selling pressure, suggesting a weak closing.

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