No, as all indicators will surely show us overbought situation. And there is no as well as price action has been stretched too far.
But, we have one thing left which is calculating levels manually.
This is the monthly chart in this idea now we have two calculations here :
1. There is previous fall of 4928 rupees and if we calculate 1.618 of this level we get lower red trendline which has already been breached.
2. Now after 1.618 level, next level we have in our study is 2.00 of 4928 . So, our next level will be 17394 approx.
Trade at your own risk derivatives trading is very risk and its all about timing.