BANKNifty Trade 12-052021

update of earlier trade posted on 09-05-2021
we may see bank nifty drifting to 29000. however this leg of short position gets close at 31600-31400 range.

Comment:

Bank Nifty component showing week sing and many of them at crucial junction. break below of heavy weight would see more pain in bank nifty. last 2 session bank nifty has built up increased short position.

Trade closed: stop reached:

trade close stop hit