Nifty showing Reversal signsNifty is holding the lower levels and showing a clear reversal signs.
The buyers aren't allowing the sellers to take the price lower.
I've taken a counter trend long position with a 2:1 risk reward view. Purely intraday basis as shown.
This is a risky trade since this is counter trend. Not advisable. However, I have a gut feeling based on price action and hence taking this. Use your own discretion.