Nilesh_Khedkar

Nifty mid cap dead cat bounce

Short
Nilesh_Khedkar Updated   
NSE:NIFTYMIDCAP150   Nifty MidCap 150 Index
Contrary to general opinions of stock pickers. I feel the rise seen in last two days is a dead cat bounce

Many traders are proposing midcaps will take the batton forword but.
When nifty has turned bearish any 3% drop in nifty will break confidence of all midcap stock holders.

My opinion mitigated above weekly close of previous high. 11450.
and short position starts below 11120.
Comment:
assessment gone wrong this time.

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