#Nifty #BankNifty #RELIANCE #HDFCBANK #TCS #INFY #OIL #ICICIBANKNifty 50 IndexNSE:NIFTYRachit_SethiaAll is not well! ⚠️ NIFTY Quite a move we had in April. However, the weekly chart is starting to tell a different story. After a strong multi-year uptrend, the index is now showing signs of exhaustion: • Lower highs are forming 📉 • Sharp pullbacks are getting more frequent 🔻 • Recoveries lack momentum 🐌 What stands out most is the recent bounce: it looks more like a relief rally than a true trend reversal. Markets don’t crash out of nowhere. They weaken first. Structure shifts quietly before sentiment catches up. Right now, this feels like distribution, not accumulation. If key support levels fail again, we could be looking at a deeper correction phase ahead. This is not the time to be aggressively bullish. Time to protect capital, stay selective, and respect risk. 🛡️