Buy Or Sell | Trade cautiously, be very stock specific

Nifty touched the high of 11770 and breached the support of 11550. All the indices have been on the downside with significant downside in the media sector.

Nifty has formed a strong bearish candlestick pattern on the weekly charts and the market looks quite weak.

Outlook is quite cautious and expect volatility to increase on account of the election results.