Is Nifty ready for a minor correction?

٣٠ يوليو ٢٠١٧

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.

١٨ سبتمبر ٢٠١٧

ملاحظة

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