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tbhandohal

Potential Reversal on NIFTY50

Long
Nifty 50 Index (NSE:NIFTY)  
tbhandohal  
NSE:NIFTY   Nifty 50 Index
Trend Analysis
0
0
trendanalysis
Reasoning

1. Looks like a potential reversal and bottom has formed on NIFTY50.

2. Breakout after divergence on RSI.

3. Breakaway Gap after reversal shows good momentum.

4. Took support twice on Anchored VWAP and created a range.
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