Is it time for Nifty to take some rest between 11400-11500?

Is it time for Nifty to take some rest between 11400-11500?

Yes, technically NIFTY is getting weaker below 11650.

If NIFTY does not bounce above 11650 during the first hour, It should slowly or rapidly glide towards 11500 and 11400 for a consolidation.

NIFTY can also dip towards 11300 if support fails.

Overall Market is in Bull trend looking for a sideway or a downside consolidation.

Is it time to book some profits and add on dips?

Let us see where the markets open.

source https://gale.in/is-it-time-for-nifty-to-take-some-rest-between-11400-11500/