As discussed on previous post, nifty is showing some +Ve bias and accordingly Muhurat trading has pushed price by some 50 points, this area is where accumulation is happening, one can go long above 11700 for ATH, however if market reversed one can also short with SL of 11720. This zone is very important in terms of next move for nifty. RSI is showing 50+ strength, which is good for script. Opening on Tuesday below 11575-11600 zone would be very bearish, above it markets can still go in accumulation to gather strength till they give breakout from 11700
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