SGX NIFTY HOURLY CHART

RSI hits the overbought zone and tested the earlier peak of 18314.

High registered till 21.01 pm ist is 18350.

Expect resistance and profit booking for minor correction or
consoidation to lagging blue and red line before moving higher.

On further sustained rise and cose above 18350 expect
a rally towards 18502 as shown in the chart.
Trend Analysis

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