Nifty 50 Index
Long

Nifty closed at it's almost day low

NIFTY closed at almost it's day low today. 15800-15820 is going to be good support for it. It may take sometime to cross 16000 levels or it can keep consolidating for a few weeks. As of now, RSI is strong (˜65). Until it's above 50 on daily timeframe I would consider it bullish.

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