BANK NIFTY : Bank Nifty could slip from record-highs on profit-booking…Only two stocks I would like to keep close eye is on AXIS BANK & HDFC BANK….Ye dono me bahot jaan hey…..

BANK NIFTY

Last close 28312.25

Bank Nifty could slip from record-highs on profit-booking…Only two stocks I would like to keep close eye is on AXIS BANK & HDFC BANK….Ye dono me bahot jaan hey…..I would say 90% of banking stocks looks week at this point of time but AXIS AND HDFC BANK alone can change the trend of Bank Nifty…………..Still our call is to short……Short call only for August Series Expiry point of view. Our trading call is to short bank nifty on higher levels keeping stop loss of 28488. We see it sliding down to 28166, break could even take this to 28025 before expiry.