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srikartiram
Feb 9, 2021 7:55 AM

NIFTYPVTBANK | Private sector bank's - Looks tired? Short

Nifty Private Bank IndexNSE

Description

NIFTYPVTBANK | Private sector bank's - Looks tired? I see RSI negative divergence.

Might be some profit booking happening. Should be careful until the resistance is taken out.

Comment

19311 - 19140
Comments
mukeshsingh92
yes. Pvt Banks has to correct a bit from here. .and looking @ pnb /bob / sbi moves today... this is clear that Psu will take the lead from here for next few days.
srikartiram
srikartiram
srikartiram
@mukeshsingh92, Looking at the NIFTY & BANKNIFTY pattern we may see some weakness. Thursday we can decided the next move direction.
mukeshsingh92
@srikartiram,hmm let's see. Today I square all my PUT options and booked losses. however I was a bit earlier to do so ... could have waited till 3pm to a better exit.........but but but. Operators are going trap trap and trap and finally when people will stop shorting.........then only it will crack. Technical are one thing but psychologically this is what i think.
himanshusanga9
@mukeshsingh92, same here.... I booked losses. I have sold bank nifty 35800 PE.
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