Is the Nifty started down for short term?

NSE:NIFTY   Nifty 50 Index
There is important that last hour will clearly show you for confirmation of downtrend. But, presently short selling has eye on NF, technically.
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.

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.