Previously I was suspecting a major Downfall, but with the way NIFTY is setting up on the Daily chart, It does look like its on it's way to hitting 11500. If it breaks 11500 which itself is a Physco Level, Bulls might get on and push the price to 11550 - 11600
Please don't shoot me if it goes down :) 1 lot in NIFTY Futures and a 100 point loss is only Rs.7500. ...
I'm not on this trade, but It looks like many of the STOCKs are in RED and Causing NIFTY to go down to.
ACC could be looking at 1500 and if it break 1500 another Drop of 10-15 points. ( FUTURES Trading is RISKY. PLAY WITH MONEY THAT YOU CAN AFFORD TO LOOSE)