Nifty Bounce Today for a good bull run ??

Today Nifty has taken support of its 50 EMA / SMA on a daily candle and above the 61.8 Fibonacci retracement levels which is considered a golden ratio and a hammer like candle.

Indicating strong bullish momentum, atleast till October 14 or 18 is what i am considering.

we need atleast 2 more daily candles to confirm the movement is on the positive side.

hoping this advice will allow you to plan your trades..

This is only my view and not a trading advice. keep your risk management in place.