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mayanksardana

Nifty Sell below 9750

Short
Nifty 50 Index (NSE:NIFTY)  
mayanksardana Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis NIFTY index nifty50 niftyindia
4
0
trendanalysis nifty index nifty50 niftyindia
RSI is severe overbought zone, Though RSI is lagging indicator but today's profit booking on higher levels show that sellers has approached.
Sell below 9750
SL- 9900
Target - 9650, 9450
Comment:
Huge gap down, trading below 1st trend line, hence still can be shorted for 2nd trend line.
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