We already have a successful reliance short ongoing, if bank nifty manages to close below 33000, we're heading towards 30000 levels, and way too quickly.
SunPharma after consolidating in the range 630-640 broke its last 3 day lows, which shows clear rejection from 650 odd levels, the price is now returning towards the lower trendline which maybe around 560.
Bandhan Bank looks hell bent to move towards 280, today's close and below 200 DMA and breaking of 10 month old trendline is a sure short selling setup.
HDFC Bank on daily time frame has formed a bearish engulfing pattern, it's trading in a channel hence we're looking at lower range of the channel for our targets around 1350-1340.
