mnvn_09

Nifty approaching overbought zone at 11k

mnvn_09 Updated   
NSE:NIFTY   Nifty 50 Index
Nifty could very well be in overbought zone at 11000 and possibly expecting a max of 11200 and then it might start going down again. This would make a H&S and then trigger the actual fall.

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.