Best time to Short BANK NIFTY is this. SELL SOME FUT LOTS , SHORT CE, BUY PE. A GOOD RALLY IS AROUND THE CORNER. BN TAKING SUPPORT AGAIN AND AGAIN AND THIS TIME IT MIGHT BREAK DOWN.
2 DOJI TYPE CANDLESTICKS MEANS THAT BULLS AND BEARS BOTH ARE CONFUSED AND IN THIS CONFUSION BEARS WINNING PROBABILITY IS HIGHER!!
MY RECOMMENDATION IS TO SHORT BANKNIFTY !! AND HOLD...