Nifty Pharma Index on a daily timeframe (1D) Overview of chart.

The price action is displayed in a candlestick format, and some regions are highlighted with grey rectangles.

Price Trend:
The index was in an uptrend from June to mid-December 2024, reaching a peak.
A downtrend followed, with multiple sharp corrections (highlighted regions).
Recent consolidation and volatile price action suggest uncertainty or trend reversal attempts.

Highlighted Regions:
These may represent significant price drops, possibly aligning with your trading strategy (e.g., 5-9 consecutive down days followed by a bullish reversal pattern).
The last highlighted region could be an area of interest for a potential reversal or continuation of the downtrend.