Pratik_4Clover

BankNifty at crossroads, close below last 30 min is sell

Short
NSE:BANKNIFTY   NIFTY BANK
Its been while, but BNF is looking at a little bit of crossroads, I would wait for right opportunity to short as we are nearing holiday month for FII . On intraday bases one can take little risk and short below last 30 min candle and positional short below 30500 level aprox, above that market might stay in range as above levels are not held and would end up just wasting option premiums.

It is better to switch to intraday trading for couple of days atm till we get clear short signal of around 30500