Avoid going long on Nifty for short term . Long term trend is still bullish, 50 SMA is green, but on short term RSI is moving down and VIX in moving up. Avoid long on Nifty .
Happy Investing !!!
Note
Nifty is in range bound 11550 - 11800 . It needs to break 11800 -11850 to move higher
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.