jayadrath
Short

Bank Nifty done for the week

NSE:BANKNIFTY   NIFTY BANK
31 0 1
Similar to Nifty             Bank Nifty             looks overbought but more convincingly so. Unlikely to close on the higher than 18900. Next week if the irration exuburance continues than very unlikely to close above 19200. Safe to go short at current level with a closing stop loss of 18900.
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