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Overextended

Is maket over extended (NIFTY 50) ??We have seen in the past, whenever the nifty has come near or touched the RSI upper band (80), the market has seen a sharp correction. From the past few days, Nifty 50 is making new highs and putting the market in an overextended zone. So there is a good possibility we can see some good corrections. This analysis is done only for educational & intelligence purposes, invest or trade at your own risk.
NSE:NIFTY
by pradumnasaraf
11

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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