Is Nifty ready for a minor correction?

30 ביולי 2017

Nifty has shown some correction on weekly basis everytime the RSI crosses 75. It didn't follow this only in 2014. Currently the RSI has crossed 75 for a second time in the gap of few weeks. A small correction of around 500 points is likely.

18 בספט׳ 2017

הערה

Nifty closed 400 points lower in the week after this post. Still I feel there is room for another correction.