Rise towards 11160 is an opportunity to short with stop loss above 11301 for 1st target of 10780
Comment: Disclaimer : It's not an advise to buy or sell
Comment: will wait for short in Nifty as BN is showing recovery from the low.
Comment: Nifty reversed from 11149. level to short was 11160. No more logic of shorting above 11149 because break of11149 will initiate HH. HL structure on 5 and 15 min chart.