BankNifty - Took support from Trendline, but weak overall.

The small gains has made no change to the stance of BankNifty .

It continues to trade above an important trend line and in SELL mode as per reliable medium term trend indicator, 9&34 EMAs on Index n RSI .

Not comfortable with taking storts at this level, despite confirmed week signals. Let the Budget pass . . .

closing bove

Delta neutral strategies can be used to trade, in bank nifty . Send me a direct message with your interest on this forum, if you wanna know about such low risk ieas.