aktradelearning

Nifty - 15 min 27/02/2023

Long
NSE:NIFTY   Nifty 50 Index
Nifty - as the view was in bullish tone only and idea was to find some reversal setup. It took support today at avwap level from July 2021 levels, where it has previously consolidated for long period before giving a superb rally to ATH in oct 2021.

The same avwap acted as support during June correction and NF today made a double bottom in 15 min tf...and bounced back well to save budget day low on closing basis.


Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.