Nifty50 Analysis -

Nifty50 has always taken Support of 20SMA on Monthly Time frame.

During Major Correction Nifty has taken support of 50 SMA

And during 2008 and 2020 Crash Nifty took support of 100SMA.

As long as 20SMA is rising and Nifty is trading above it, we should look for every opportunity to go long when price reverses from 20SMA