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AbhishekHiremath
Nov 21, 2019 2:48 PM

nifty short to 11850 minimum Short

Nifty 50 IndexNSE

Description

broken the rising trendline from the Nirmala Sitharaman candle and consoildating in small range.. with double top forming today.
short nifty with a stop at 12045.
also, nifty midcap showing clear signs of bearishness meaning advance decline ratio will deteriorate going forward.
initial target at 11857/800 followed by 11662 which seems like the region of good support
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