Track nifty financial services sector closely. RSI is showing strength and want to go in the overbought zone I think. FIIs have infused in financial sector recently. If this moves above the supply zone marked on the chart with a closing weekly candle, Go long for the best financial services shares as large companies are the greatest contributers to the index.
Disclaimer:- I am not a SEBI Reg. Analyst. Do your own research and analysis before investing or trading.
analysisChart PatternsfinancialTechnical IndicatorsinvestingNIFTYRelative Strength Index (RSI)tradingTrend Analysis

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