NIFTY 50 BOUNCED FROM KEY SUPPORT LEVELS

#NIFTY50 #NIFTY

Nifty50 from past 4 trading weeks is trapped in a trading zone also called as a box. A small size long can be initiated now given bounce from bottom and add more quantity on confirmation of box breakout on the upside can provide a significant opportunity to bag in 4-5% returns in a short span. Key levels for long trade are 20000 and 20300 on up side from current levels of ~19500. Share if you like this analysis.