arunprashanth888

Banknifty Still in Selling pressure

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NSE:BANKNIFTY   NIFTY BANK
Banknifty still having selling pressure Don't even think to buy any bank nifty future or CE . Even Dont buy bank stocks for now

If the market open flat or small Gap up or Gap down then we can still short it or other bank stocks like axis , icici , kotak bank short
Gap level's indicated by blue lines

Wait for a signal if you are trading on indicators for confirmation

If you take a trade without trade plan or confirmation in any indicator or breaking support you'll definitely occur big loss it's not important small or big loss will be confirm

My view is bearish until a sideways market : Market cannot to uptrend directly from now it should make sideways and uptrend if it want to go uptrend

Tomorrow ill short axis and kotak if icicibank also if it gives only indication to sell

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