Gann line showing huge resistance at 12040-12100 level .. we are on wave 5 of wave 5 which almost finished the top. No liquidity in the markets to go up. So no more upside In the market I can see. 12041 can act as strong resistance and nifty can fall to 11400 level sooner in short term. For Thursday stay on short side. We can see 11950 level on Thursday.