NIFTY - BEARS WAR CHEST

Nifty bank closed solitary green after bouncing of from the day's low. Unfortunately for reasons not of their own they will have to face war chest drums on their move. One more attack towards 36800 is what can be seen and any close below would send bulls run for their cover. Capped near term below the 38200 daily close basis. The threat is 200 DMA on NIFTY AND BANK NIFTY. This is viewed as very important and at least min 5% fall is expected from this area. Remain short below 37500 (assuming 1% gap down) for 36600.