This is banknifty chart which showes down trenc technically, it showes price can move down till 34750 so short position in that could be more benificiary for everyone.
from last one year it is moving upside from the level of 2200, and right now it is trading at 6500, so in upcoming days we observing that we would see the price of 10000 like srf...
As we have seen there is weekly breakout in persistent at 1850, and its closing on date 19 mar 2021 at 1942.20, so it can be hold till 2000 target with sl of rs 1900 for buying point 1920.