Description
⋅ Nifty is moving down a step at a time.
Expecting a correction to 11150/(11210 - though improbable not impossible) before the trend resumes.
Targets for the downside are at current support expected at 10990-80.
Comment
⋅ After the gap today, waiting for Nifty to pull back to 11070 before entering short position.
Trade closed: target reached
⋅ Nifty made a low of 10999.