Nifty is in overbought zone


Well-Known Member


Well-Known Member
Nifty is in an upward trend and will correct after touching 6300 level.
Most of the indicators point that NIFTY is in overbought condition, but the
correction may be deep or mild ,dependent on Global conditions, RBI credit
policy and inflation data.
dear ,
m carrying heavy losses in nifty future and options. Is there any way to recover my losses? I want to know whether nifty is likely to trade lower before expiry ? If so how much?

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