NIFTY good fall expected soon

Updated
As per the RSI and the chart data, it seems that NIFTY may give a heavy correction soon. On monthly chart the RSI is continuously in overbought state. To come to normal a good fall is expected based on charts and RSI
Trade active
approx. 1400 pts move done till now
Trade active
2000 pts move done till now.
Trade closed manually
closing the trade
NIFTYOscillators

Disclaimer