Get started
sptutusukanta

Looks like Nifty is set for a reverse

Short
Nifty 50 Index (NSE:NIFTY)  
sptutusukanta  
NSE:NIFTY   Nifty 50 Index
Trend Analysis Chart Patterns Technical Indicators trendreversalpattern
2
2
trendanalysis chartpattern indicator trendreversalpattern
Checking through the 1H chart, it is clear that the price is increasing but the momentum in RSI is decreasing, which indicates that the momentum of NIFTY is decreasing to anymore upside. It may go up a little, but my call would be to find short positions at this time.
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.