Short Market Report 28.03.22

CHART. Green spinning top in both indices; excellent support from 17000 and 35000
OC. 17200-17500; 35000-36000
PCR. bearish nifty; bullish banknifty
FII. -801
DII. 1161
FnO Data long build up
RSI. 55; 48
ADX. 16; 19
Conviction bullish
Bias. bullish
Int. Markets RED
TRADE. long banknifty; avoid trade if opens around 36000

Worrying factors
> HDFC twins are not performing
> Mid cap and small caps are not performing
> International markets are red