1. On Jan 23, 2024 - Nifty Media Index Fell 11.25% 👆👆👆 and during my Analysis I mentioned that it's a FAKE Breakdown on Weekly or On Monthly
2. Now, Look at the latest Chart of Nifty Media - Comparison of Monthly (Left) Vs Daily (Right) timeframes
During Jan - Media Index fell below the Bullish Ascending Triangle's Trendline. Usually Monthly close is considered...
HDFC Bank in the Month of Jan had a Major Crash falling from 1712 levels to 1363 and it broke down below Long Term Parallel Channel
Around Jan last week - RBI directed LIC to take a big stake in HDFC bank, but there was absolutely no reaction in the price and it was still sustaining below the Parallel Channel
Price later took support at 1363 in the Month of Feb...