Technical View: Nifty forms bearish candle; close below 11,896 confirms weakness
Traders are advised to remain neutral long side where fresh shorting can be considered below 11,896 on closing basis, says Mazhar Mohammad of Chartviewindia.in.
The market ended November 21 marginally lower, squandering a positive start as selling pressure during the day didn't allow the bulls to take charge of Dalal Street.
The Nifty closed at 11,968.40, with a loss of 31 points or 0.26 percent. It formed a bearish
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