Cup/Rounded Bottom formation in Nifty50 S&P CNX NIFTY INDEX FUTURES (MAY 2021) NSE:NIFTYK2021 Shadab_07 Throw a look at the pattern. One can very easily judge it's a rounded bottom pattern forming a cup. This is verified by the increasing volume after it rises from the bottom most region. Long term view is "LONG". Just let it reach near the boundary of the cup pattern or the support line. From there onwards and if RSI bounces back you can take a long position. Short term support - 14520-14540. T1 - 15065 T2 - 15415