With Nifty Private Bank Index also closing at a crucial level today, a big movement from here seems inevitable.
I can see a Negative Divergence on with price consolidating near the 1900 levels.
Took short position with a small stop loss around 1910 and target around 1800 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice.
Please consult your Financial Adviser for any investments.
Also explains the importance of waiting for the close of a candle before triggering your Stop Loss.