Nifty, is this a bottom? Long

Nifty 50 IndexNSE

Description

⋅ Oct 5, 2023 10:00 AM

Looks like the Nifty forming an Island reversal after the Crude crashed by 6% yesterday. As long as the $$ doesnt go soaring to new highs, it seems like we might see the Index stabilise here...
Fresh rally above 19750, view negated below 19420 (DCB)

Trend Analysis Chart Patterns