Bank Nifty

Having a look at the Bank Nifty charts, it seems that markets would move in tandem with how bank nifty plays. If pullback has to happen in Nifty, then trade bank nifty rather than nifty & vice-versa trend also. It will give sure returns. Bank nifty Moving averages, MACD are all indicating towards downside. So best strategy would be to short bank Nifty on higher levels.

Resis  - 12477 / 12515
Supp   - 12358 / 12115 / 11850




Thanks...