NIFTY BANK UPDATE

NIFTY;BANK; the (TITANIC) for BULLS has trapped many Investors and Traders! The ship is sinking and likely to collapse under deep waters! Before that there would be rescue attempts which also would fail! The rally was against natural laws, hens would go down with a hard punch!
Technically for short term, I posted Targets of 39,025 and 38,100 on last friday! Market have printed both levels and even have gone below that! There is a case for a pullback from here, whether that happens or not need to see!
As traders we only can protect our profits and wait for bounces to re initiate shorts! The primary trend is down so have to keep switching tools to stay on short side of markets!
Next levels on downside to watch would be, 37,200 and 36,327 on spot! Ideally I expect it to go there after a pause! But gradually prices should go there! HARMONIC TIME CYCLES have officially turned lower!