Key points whey it is bullish:
The daily chart just had a breakout with more than 10x volume. which is Buy signal
On Daily Fib retracement the chart had just crossed golden ratio 0.618%. Also it survived to be on top of golden ration.
Nifty just took a support at 20% retracement at a long run. So, Looking at the volumes and sentiments it will still going down to the levels of 10500 and 10100 and then it can pull back.
Also in case if the cross resistance line is broken then we can see some sideways movement and then a breakout