11 Jan 2026 | 5 Mins Read
Nifty hits 43-session low, should investors go short?
Flipitmoney
The Nifty 50 index declined 2.45% to 25,683, breaking a 43-session streak of lows. It closed below 20-day and 50-day EMA, forming a bearish engulfing pattern. A follow-through sell below 25,600 may test 200-day EMA (25,133). The trend remains down with weak market breadth, making Nifty a short on the rise to 25,970 with a stop-loss above 26,100, targeting 25,700.