2-22 Market Tips (NSE)

Banks: I have been saying from couple of weeks that banks look very weak to me and this will be the first shorting opportunity I will be looking into...

I have two stocks which i believe seems to be the best opportunity for shorting, SBIN and ORIENTBANK.

They both have been going up without much volume built up and they both have around 200% volume selling today and they both are 8% down yesterday. Catching both seems hard so I am going to suggest both and you can pick which ever can work for your......after your research

SBIN: Short at 2308 with stop at 2352 and target 2135
Orientbank: Short at 293 with stop at 307 and target at 263 (it has little support at 280 so watch out for reversal)

Adanipower: shorting at 88.42 with stop at 92 and cover at 77 or 70

Sesagoa:  shorting at 239 with stop at  253 and cover at 214 or 195.

ACC is also another candidate for shorting........

This doesn't seem like to be the time to go all in...... but I believe, this is a decent confirmation to start taking some shorting trade.....

If market reverse from here (very low chances.... for it to get strength very soon) but just prepared for it
IVRCLINFRA, Sintex and mcdowell-n looks very good if market rebounds......