Last 4 days nifty50 has been created confusion in market that what is the next level of nifty . it will gone up or down. Today nifty has been closed@11194 and RSI value is 71.78. But if we see 21st july RSI value that is 73 and closing price of nifty is 11162. see difference both rsi value.It is clearly indication that nifty will be gone down on monday.

Comments

YOU ARE RIGHT BUT MARKET CAN REMAIN OVER BOUGHT FOR LONG THAN WE EXPECT.
+1 Reply
just bcz reliance is the main stock which is very strong fundamentally and technically. that will be main reason to go up.let see what will happened
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