Nifty at a 1000-Day Trendline Support - Finally we are here !!

Nifty is currently testing a confluence of two long-term trendlines – one from the monthly timeframe (blue line) and another from the weekly timeframe (yellow line). This 1000-day trendline cluster is a major reactive support zone, making this a make-or-break level for the index.

🔍 Key Observations:
✔️ The blue trendline represents a long-term uptrend, making it a crucial level for institutional traders.
✔️ The yellow trendline, which has also acted as a dynamic support, adds strength to this zone.
✔️ A breakdown below this cluster could open doors for further downside
✔️ However, if Nifty holds this level, a strong rebound can be expected, potentially continuing its long-term bullish structure.

🚀 What’s Next?

A weekly close below this zone could accelerate selling pressure.
If buying emerges, this could be a great risk-reward trade for swing and positional traders.
Price action confirmation is key before making any major trading decisions!
🔥 Will this historical support hold, or is a deeper correction coming? Drop your thoughts in the comments! 👇