Bank Nifty: 14 May 2021

 As per system, carrying short positions initiated towards the end of previous session.

Unless proven otherwise, will prefer trading from the short side into the day.

14660 and 32150 are crucial levels on spot for NF and BNF respectively. Extremely important to see how we react around these levels.

We have snapped below the most heavily traded region of 32850-33000. If there is no buying tomorrow taking us back above 32850, this is really bearish.


32553-32586 range for mean reversion trades intraday.

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