#NIFTY50 Time for a BOUNCE AHEAD

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#NIFTY50 Time for a BOUNCE AHEADNifty 50 IndexNSE:NIFTYRavi_BullvsBears#NIFTY50 is getting its support levels. so any panic will pull buyers into the game. Even if the current shown Trend line support breaks, it could definitely take a bounce from the horizontol support level where demand players could come into picture. I don't see a panic beyond that level as the momentum needs to be raised or price value to be increased a bit before deciding the next set of moves. So tighten you stop loss if your playing on the short side. As this sort of panic may bounce back sharply too. Regards Egambaram Ravichandran