BANKNIFTY looks weaker..!

As we can see despite NIFTY breaching new ATH every other day, BANKNIFTY can be seen stuck in a range after rallying and getting rejected from the shown structure. Hence we can look for shorting opportunities in BANKNIFTY rather than NIFTY which is comparatively stronger. We can expect a strong correction or profit booking in index in coming trading sessions so keep watching plan your trades accordingly.