Good positional short opportunity around 36600 for a target of 34000 and sl at 37500
In Every correction index comes below 200 DMA and consolides for a period of time
Before giving breakout at 200 DMA
We are in a correction phase of last Swing from 34900 to 36000
More retracment is expected atleast 0.5 Fibonacci level
Banknifty should hold 35400
Short below with a target of 35100 which is a strong support
Also Potential reverse zone
