@AmrithPrasobhP, I think you should exit. Banknifty is weak and pullbacks are not able to sustain at higher levels. If I were you, I would prefer to exiting at 367-370. Because it already hit the stop-loss.
@AmrithPrasobhP, I really don't do intraday just for the same reason. Intraday is really time-consuming and rarely profitable. It's better to stick with positional swing trading. About holding banks, today again pullback sold off but in second after 2 PM, banknifty reversed and made new day high. So this is a positive structure and expecting more upside. I'm holding Axis bank and Hdfcbank. In Icici bank I stopped out yesterday.
@Equity-Earningz, what do you think the reason is for the fall in bank nifty today ? I was watching couple of stocks - axisbank, rblbank for swing entry. Although it started off well, bears started taking control. I am still holding then anyway.
@Charlies_Angel, Banknifty's angels are falling, Hdfcbank - Icicibank - Axis bank. Since 31st August it's been 11 trading sessions, and Banknifty closed negative in 10 sessions. Banks are weak, and pullbacks are getting sold off. 21750 is a 0.382% retracement level ( March Low to August High )and bank nifty can test that level.