This chart and analysis are not financial advice. Do your own research before trading or investing.

The ASI bulls have dug in their heels at the crucial 11650-11750 support zone, finding their footing after 18 days of decline. Three days of consolidation paint a picture of accumulation, potentially forming a base for a launch towards 12,000. With no bearish divergences on the horizon, a momentum shift could be brewing. While trading remains muted, this could be a prime buying opportunity for value-seeking investors.
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