NIFTY proceeding slow and steady.

of course it is exhibiting red
if we look at the weekly chart it appears different.
for the last three days it is forming higher high and higher low.
though fii buying figure has reduced so also dii selling figure.
target 2 can be achievable it appears
IT sector seems to be turning around though in case of hcl tech and tcs selling observed from high.
how reliance .will act in coming days it is to be seen as we know reliance alone is sufficient to pull nifty higher.
in case nifty violates stop loss simply reverse your position to short.
as next support for nifty is at 11570 and 11600.
don't forget to like my post.
follow me to get updates.