The Nifty is being making ath and been pumped a lot after government establishment. But the rsi is showing overbought and touched 75 lvl on bigger time frame. I think some downward moment is necessary for sustainable growth. Also the price has just touched the resistance line as per the chart.
Disclaimer: this is only for educational purpose and not a financial advise.
Trade active
Trade got active since the market open today booking decent profit in it .
Trade closed: target reached
Trade done booked more than 100 points in a single day .
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.