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mahendrav

NIFTY good fall expected soon

Short
Nifty 50 Index (NSE:NIFTY)  
mahendrav Updated   
NSE:NIFTY   Nifty 50 Index
Oscillators NIFTY
9
3
oscillator nifty
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
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