Bank Nifty poised for a short term reversal, if....

As all the scrips are in downtrend, profit booking may set a mild rally. However, settlement pressure will be on the bulls at higher levels, unloading of "stuck positions".

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Bank Nifty & Trading opps.

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Bank Nifty may rally in the short term with +ve div.

Though the overall trend of Bank Nifty is still Down, the short term trading favours a mild rally from OS area with +ve divergence.

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