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Will nifty take support or Fall?

NSE:NIFTY   니프티 50 인덱스
Nifty have been falling for last whole week. Now it has come to the zone where it has a nice support zone. Nifty might take support near 19250 as shown in the chart.
Nifty seems to be roaming in Range of 19250 - 19500.
Reason:
  1. Price < EMAs(13,200) (Bearish)
  2. 15 < RSI < 30 shows oversold zone. but having Less strength means weak bull power.
  3. PCR = 0.55 (Bearish)
  4. Price < 200 EMAs shows in bearish zone. (Bearish)
  5. Price < VWAP (Bearish)
  6. it has been a heavy fall might consolidate here.

Verdict:
Bearish, but also having price action level where it might take support.

Plan of action:
Wait for market to show a bullish signal like double bottom or bullish hammer. once direction is confirm then make the postion.
if break to downside let it retrace and then go Bearish.

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