breakout_ninja

NIFTY 50 - Temporary bottom & pullback ?

Long
NSE:NIFTY   Nifty 50 Index
NIFTY 50 has reached a low of 21808. However, it shows signs of stabilising at this support level and may indicate a potential pullback. Additionally, the RSI shows a bullish divergence. In the event of a pullback, it should move towards 22450, which might act as a resistance zone.

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