broken the rising trendline from the Nirmala Sitharaman candle and consoildating in small range.. with double top forming today.
short nifty with a stop at 12045.
also, nifty midcap showing clear signs of bearishness meaning advance decline ratio will deteriorate going forward.
initial target at 11857/800 followed by 11662 which seems like the region of good support
very interesting candle formed on monthly charts! if breaks above 78,then can be considered as a monthly breakout after 9months of consolidation in 15 rupees band!good chart to buy on dips with a stop below 60