How should be it confirm?
Answer: Suppose to break below 11040 below, then bull's strength will lose.
Should I take short position here?
Yes but at higher level with stoploss of new nigh.
When we see form HFT its symbolically poised for one sharp correction and then Move up , stock markets forecast are represented by previous move and possible move , every one is looking for this sharp correction but when it will occur no idea , time factors are not known , we can make forecast in time factor but they have lesser accuracy