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