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rahulundefined

Nifty likely to retrace back to 11123 to 10950 Zone

Short
Nifty 50 Index (NSE:NIFTY)  
rahulundefined Updated   
NSE:NIFTY   Nifty 50 Index
Trend Analysis NIFTY rahulingle short BANKNIFTY retracements
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trendanalysis nifty rahulingle short banknifty retracements
There is a divergence between nifty and bank nifty. Similar divergence appeared in nov 2010, at that time nifty retraced back to 38% to 50% zone of it previous trend. Similar behavior is likely is current situation.
Comment:
The divergence has played its part. Target is still the same 11123
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