BANKNIFTY SPOT& FUT TRENDLINE BREAK

"FROM PAST SERVERAL DAYS OI ANALYSIS ON BANKING STOCKS AND BANKNIFTY INDEX INDICATED LONG UNWINDING"
"ALL OUR PREMIUM TRADERS MADE HEALTHY MONEY IN BAJFIN/BANKNIFTY"
"CHECK THE LINKS IN THE SIGNATURE BOX"
"REGULAR UPDATES ON INDEX AND ANALYSIS IS PROVIDED"

ANALYSIS
-index is now trading below its previous all time high
-this indicates negative is extreme
-this will lead to increase in short position in the current contract
-remember at one point contract had premium of 330 points (difference between spot and fut)
-this itself indicated caution
-money in market is not made through consensus
-now all weak hands are thrown out of market and some more negativity is expected
-hdfc bank credit card issue/icici bank formation lower high and lower low formation was an indication

ATTENTION:-
-market is going negative into hdfc bank results
-if the situation is not as bad it seems then a heavy short covering is expected
-banknifty and bounce back heavily from its 200-ema/dma
-expect another 1000/1300 point decline before fresh buying
-observe the charts pay attention

"NOTE THIS IS NOTE A TRADE"
"GOAL IS TO MAKE THE TRADERS UNDERSTAND ABOUT THE MARKET SENTIMENT"