ipuneet

Overbought Nifty - breakout of 12880 n 12689 will be important

Long
NSE:NIFTY   Nifty 50 Index
Important levels are mentioned.

RSI divergence on hourly chart, should be seen, may provide an important cues.

Markets are indeed overbought, and in strong upward momentum. Trade with CAUTION.

The chart or post is no encourage speculation or trading in markets, it should be used for education or research purpose only.




Trade closed: target reached: closed at 28620