Nifty 50 Index
Updated

NIFTY Retracement & Bullish Divergence

112
NIFTY on 75 mins time frame
Retraced a little more than 0.5 on Fibonacci levels
If you compare two bottoms around 19320 levels with the relative strength, one can easily identify a bullish divergence.
If NIFTY breaks the trend line we can see upside move
19680
19770
19900
If it dose not sustain 19480 levels we may see downside move
Trade closed: target reached
All 3 targets achieved

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