Nifty fell from 11000 to 11260 levels in three sessions. we may see nifty losing steam here and react from this zone. this zone also happens to be the 50% retracement of the previous fall. i am watching this level closely. i will be initiating short trades from here on in Nifty and other weaker stocks if there is a negative signal on nifty.
Value doesn't move stock prices, people do by placing buy orders. Value is only part of the equation. Ultimately, you need demand - Mark Minervini