Conditional Short Nifty Below 12070 levels

NSE:NIFTY   Nifty 50 Index
The chart of Index clearly shows bearishness, however it assumes that it can take any Dat-cat bounce from these levels. Hence, traders are advised to short Nifty on conditional basis below 12070 levels for smart levels as indicated in the chart.
Trade active: Trialing SL or book profit as Nifty is now in our target area.
Trade closed: target reached