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Nifty Analysis

Long
NSE:NIFTY   Indice NIFTY 50
Nifty been trending lower for few months now. And a w-pattern reversal from bottom showed some strength as well. With lower interest rates forecast and a 20 month low VIX shows that stability and money might return with a bang in market again. Though market is at crucial point where it can again take a little downside but with global factors aligning itself as little positive, there's a probability that bull run might continue from here.

Happy Trading :)

Disc: Chart posted only for learning purpose.

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