PNB, Intraday View for 24-May

It's the 4th time in 2 weeks the price is rejected by the level 128. Now the 128 level will act as a strong resistance. Currently the price is in a negative trajectory. For Intraday I go for a short trade if the price opened below the level of 128 and the trade range is 128 - 125 - 123.50

Disclaimer: This is my pre market analysis and my trading journal. Not a suggestion to buy or sell.