A morning walk down Dalal Street | Initiate longs for target of 11,690 with stop loss below 11,500 on closing basis

The sentiments are likely to remain weak in the near term especially in the midcap and smallcap space. In terms of technicals, the Nifty could take support from 11,400-11,500 range and consolidate around the current levels.

from Moneycontrol https://ift.tt/30znqzQ