short trader should keep stop-loss 11679 above as trial.
Intraday R. 11659 nearby (seller can come to this point intraday) with intraday support @ 11575 nearby
Nifty ATR is at 111 which means if short term downtrend started, then 11635 -111 = 11524 below.
is not clear still.
- RBI on April 4.
- The selling in the last hour.
- Forming 'Bearish Engulfing' pattern on .
- The short term trend of Nifty is weak.
Resistance is at 11776
Dont get hurry to trade on this stock.