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Nifty 50 Index may Bounce back from Support Zone
Nifty 50 Index
Nifty 50 Index may Bounce back from Support Zone
By SubodhSharma
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May 12, 2022
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May 12, 2022
As of today, Nifty 50 is at near to support zone and showing positive divergence on the RSI.
If it sustains on this support zone then we can see a long position, otherwise if it breaches then further downside can be observed.
PS - This is for educational purpose only and take trade at your own risk.
downtrend
Technical Indicators
support
Trend Analysis
SubodhSharma
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