Nifty started exhausting near 11600 zone. Weekly and monthly chart showing signs of Bearishness. Last time the index failed to breach 11600. For Risky Players can create a short Positon near 11475-11500 with Sl 11620. Target can be 112020/11000/10880/10550 on a Positional basis.
The analysis will be null and void if Index close above on 11620 on Weekly basis
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