The market fell because it was due to fall on the long term trend line drawn from corona period low day which it never crosses and rejected two times from there and got support at 50 day EMA on weekly chart and reversed from that point as you can draw yourself on charts. Major hurdle is at 24793.80 where anchored vwap is placed after that only trend will be confirmed and 3 Feb 2025 will be an important date for the market as per gann time cycle.
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The market fell because it was due to fall on the long term trend line drawn from corona period low day which it never crosses and rejected two times from there and got support at 50 day EMA on weekly chart and reversed from that point as you can draw yourself on charts. Major hurdle is at 24793.80 where anchored vwap is placed after that only trend will be confirmed and 3 Feb 2025 will be an important date for the market as per gann time cycle.
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