Nifty reverseal point.

Nifty has given a strong reversal from 50 MA(Pink line) riding on positive global cues.

If Nifty clears the channel of 11452 to 11552 then it will be in process of creating new high.

Wait for confirmation before making any views.

Play safe and Happy trade :)

Note: Views only for educational purpose. Consult your financial advisor before any trade.