Nifty bank will be a short term buy for 2 days.. after which it will go down... Kindly check the supertrend and RSI which is indicating a slight buy side..
Do not trade in area where it is marked, cause the market wont be predictable in that area.. once outside that area a person can check if the support or resistance is respected and then take an entry with strict stop loss... for any suggestions or clarifications do contact me... note: stop loss for short is 518.50 .. not 516
This is just an analysis, do take trade after confirmation. kindly refer attached screenshot for more details