NIFTY MIDCAP - Monthly RSI in Overbought zone.

٢٩ سبتمبر ٢٠٢٤

Monthly RSI of NIFTY MIDCAP is 89 (Deep overbought Zone). On earlier occasion whenever RSI has crossed above 73 on monthly chart, either it went on sideways or corrected severely. Will this time be different! Can liquidity flow sustain the RSI for a longer period of time! Interesting to see in the next 2 months.