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Technical View: Nifty forms Doji candle on weekly charts, crucial support seen at 11,850 - Moneycontrol.com

Technical View: Nifty forms Doji candle on weekly charts, crucial support seen at 11,850 - Moneycontrol.com > Traders are advised to avoid long side bets and can consider positional shorts, with a stop above 12,035 on the closing basis, says Mazhar Mohammad The Nifty remained in the negative for the most part of the session and closed nearly a percent lower on November 8 after Moody's downgrade of India's outlook to negative led to profit booking. The index closed way below 12,000 levels and formed a bearish ca… [+2888 chars]

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