Is it time for Nifty to take some rest between 11400-11500?
Yes, technically NIFTY is getting weaker below 11650.
If NIFTY does not bounce above 11650 during the first hour, It should slowly or rapidly glide towards 11500 and 11400 for a consolidation.
NIFTY can also dip towards 11300 if support fails.
Overall Market is in Bull trend looking for a sideway or a downside consolidation.
Is it time to book some profits and add on dips?
Let us see where the markets open.
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