JKoptions

Nifty possible topped out

NSE:NIFTY   Nifty 50 Index
In the monthly chart whenever RSI touches 80 there has been cases most of the time to correct 10 and even 30% or more. Current situation is almost same so advisable to be cautious on further longs.

rade as per the risk appetite, Spreads are much better to trade as risk is defined
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.

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