Interestingly, there is a similar channel on the very long-term chart (synthetic prices used before the S&P500's inception in ...

The Nifty has slipped for four weeks in a row. Bulls are running out of time. They have to step up before a key support level ...

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If ENS holds above $30 and triggers liquidations near $32, it could push toward $34–$35. However, if support at $29 breaks, weak-handed longs may exit, dragging the price back to $26 before a bounce.