NIFTY has been making new highs everyday. How ever its over bought for a while now. A rally from 10800-13500 has been phenominal. with almost all Nifty stocks above 200 DMA. How ever its not a very comfortable position to be in with a daily high. I would now look to book profits, keep trailing stop loss in all my positions. A fall upto 13000-12800 would be good (can be more). Look at selling below 13300-13350. Upside the market can get stretched as long FII buying continues. 
Trade on confirmation and not on anticipation
Believe in power of compounding
Believe in power of compounding
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Trade on confirmation and not on anticipation
Believe in power of compounding
Believe in power of compounding
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.