How can we identify a trend reversal in nifty?

Trading a trend reversal requires an entry point and a stop loss to limit risk in case the reversal doesn’t materialize.

Downtrends are reversed by the price either making a higher high followed by a higher low, or a higher low followed by another move higher.

Uptrends are reversed by the price either making a lower low followed by a lower high, or a lower high followed by another move lower.

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(Source : https://www.quora.com/How-can-we-identify-a-trend-reversal-in-nifty)