Nifty Weekly Trend Pattern Analysis

NSE:NIFTY   Nifty 50 Index
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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