Nifty as per the analysis in the chart could be near a major reversal zone around 11900-11930. Most indicators are overbought and we can also see divergence in RSI . Advise traders and investors to stay cautious and trade with appropriate SL on all long trades. Chances of this happening in early September is very high.
Trade closed: target reached:
10700 was the levels we were looking at today Nifty trading around those levels.