BANKNIFTY for 13th September

Even though Nifty was bearish throughout, Banknifty was not today. Banknifty broke low made in first half only during last 15 minutes. Consequently, it finished as a doji candle unlike Nifty . So Bank nifty is does not look as ready to fall as Nifty does. But in the process of today's fall, it created a good Selling area which can be taken advantage of. As written in my post on Nifty , buyers and sellers are almost equally poised. Option chain data in BNF is not as conclusive as in nifty . On the basis of charts, one can trade as shown on 15 min time-frame, provided BNF does not break today's low.
All the best. Happy trading.
Comment: One mistake- In the end read it as one can trade as shown on 15 min time frame, privided it BREAKES today's low.
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