Nifty - 0.8894 is a strong hurdle

NSE:NIFTY   Nifty 50 Index
Only a daily close above 0.8894 would signal continuation of the rally. The daily RSI is around overbought territory.

Failure to take out 0.8894 followed by a break below the rising trend line would signal the index has topped out at least for the short-term.


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