NSE:NIFTY   Nifty 50 Index
NIFTY - RSI convergence at max POC support accompanied by presence of a demand zone.

1. To the best of my knowledge, a short term bottom has been formed here.

2. However, swing lows can be formed ahead to trap sellers on account of budget.

VERDICT - sideways to bullish but no fresh ATH

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.