Technical View: Nifty forms bearish belt hold pattern, 11,990 crucial for further downside
Traders should remain neutral on the long side, whereas shorting can be considered on a close below 11,990 for a target of 11,800, says Mazhar Mohammad.
The Nifty lost ground as soon as trading opened and closed sharply lower on November 29, marking a weak start to the December series. Expectations of below-5 percent GDP growth in the second quarter and the uncertainty over a US-China trade deal caused sellin
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