Nifty mid cap dead cat bounce

Contrary to general opinions of stock pickers. I feel the rise seen in last two days is a dead cat bounce

Many traders are proposing midcaps will take the batton forword but.
When nifty has turned bearish any 3% drop in nifty will break confidence of all midcap stock holders.

My opinion mitigated above weekly close of previous high. 11450.
and short position starts below 11120.

Yorum:

assessment gone wrong this time.