Virajsemwal
Short

SHORT : BANK NIFTY

NSE:BANKNIFTY   NIFTY BANK
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2
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1. BN LOOKING weak on hourly ...
2. last 2 times when BN started its short term downtrend there was RSI divergence ...
3. this time a very very small divergence is there..
4. BN trading below 20 MA ...

below 24750 it can go to 24450 levels ....
OI data also showing weekness...n so is PCR at 25k levels....

Disclaimer : Bias view as might be short in BN
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