srikarbabu
Short

View on Banknifty

NSE:BANKNIFTY   NIFTY BANK
103 0 1
22380 level - Double top . Definitely some game is going on in Banknifty             . In next session if its able to cross 22380, 22470-88 is the important zone and is perfect reversal for 13407. Since, results of many PSU             banks are yet to release and most of the banks are already trading at their 52w high, Im expecting top here.
Comment: Beware guys who are long in Banknifty - If today's high 22492 is the perfect reversal of low 15440. Its possible for reversal from here. I exited my long position riding from 20753 #spot level. Entered short position with SL > #Spot 22500.
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