Nifty yesterday break a important level **11320** yesterday and made a low of **11210**.
Today Nifty started to trade above yesterday level but finally broken the low of yesterday which was very important and cracked down more than 100 points & make the low of **11072**. In this course now Nifty is trading below the 50 Day moving average too.
So Whats Next?...
What can be expect now..
According to my view as per the above statements as Nifty trading below important levels, recovery in this is very minimal and every high should be used to short the market.
We can see **11010-11020** before any recovery and below this we can see the level **10850-10870** levels.
And if **10840-10850** gone then we will see **10100-10150** levels soon. Keep your fingers crossed..
I will keep updating the next view till then look out these levels and take trades accordingly.