"The current uptrend in the Nifty is undeniably strong, and there is a possibility that it may surpass the 20,000 mark by the end of this month. However, it's worth noting that certain short-term technical and derivative indicators are approaching overbought levels, which suggests that a minor correction or consolidation could occur," said Santosh Meena, head of research at Swastika Investmart.Read more: