Nifty possible topped out

In the monthly chart whenever RSI touches 80 there has been cases most of the time to correct 10 and even 30% or more. Current situation is almost same so advisable to be cautious on further longs.

rade as per the risk appetite, Spreads are much better to trade as risk is defined
Disclaimer - This post is for educational purpose only. Please consult your financial advisor before taking any position.