NIFTY SENTIMENT NEGATIVE

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Nifty had bounced from recent low of 11461 (09/07/2019) to 11707(17/07/2019 )
Nifty filled up the gap yesterday completely (there was a gap in nifty between 17/05/2019 and 20/05/2019)
Market sentiment certainly negative clearly obvious yesterday.
If nifty does not hold 11487 on closing basis it is going to fall to 11287.
Still then also bull market holds,, we may bounce back as prior trend won''t be violated at that position.
pitch fork in the chart depicts support and resistance of nifty.
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Trend Analysis

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