Is NIFTY heading towards 9000?

Updated
Reasons:
  • Notice last few instances when RSI crossed below 70 - Price corrected in next few months.
  • Breakdown of green channel @ 10,000 will open path towards bottom-blue trend-line.
  • EMA50 seems to be good support which should meet the price at ~9000-9500.
Trade active
Note
Going good so far...
Parallel ChannelTrend AnalysisTrend Lines

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