NIFTY LOOKS TO TEST 11700 ON THE DOWNSIDE..

NIFTY LOOKS WEAK UNLESS NOT CLOSES ABOVE 11980..SHORT TERM INDICATORS SHOWING NEGATIVE DIVERGENCE. PRICE PATTERN STILL LOOKS BEARISH. DESCENDING WEDGE FORMATION IS OBSERVED.. 11980 IS CRUCIAL FOR BULLS TO COME BACK.

NIFTY ANALYSIS FOR TOMORROW,NIFTY WEEKLY ANALYSIS,NIFTY 18 NOVEMBER ANALYSIS,NIFTY PUT CALL RATIO,NIFTY 50 OUTLOOK FOR NOVEMBER,