“Bearish on Sensex, which extended its weakness for the fourth consecutive week and breached its rising channel, indicating a deterioration in the short-term trend. Technical indicators reinforce a negative bias. A decisive move below the 76,000 support could accelerate correction towards 75,400 and 74,800 in the near term, with 77,100-77,200 acting as strong resistance.”

Sudeep Shah’s track record: 14 graded calls · 95% CI 16–61%