traders_pit

NIFTY may pause here today

NSE:NIFTY   Nifty 50 Index
Nifty has moved up quite a distance from last update.
Now as it is visible in chart, it is near other resistance level as well as RSI is also near 80.
There are high chances that NIFTY will take a pause here before resuming its upward movement.
Time to book some profits and update Stop losses at least intraday.

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