Why the banks going down

hello mates why all the banks prices falling down. i brought idbi september futures at 128 but the price is goes down.when will it rise?????????

It is tempting to participate in free lunch distribution. It normally happens in last stage of rally or bull cycle. people make some money in that easily, but ultimately gets trapped. This is one thing repeats time and again.

Till what price are you willing to hold it? I mean, wheres your stop loss?

Tomorrow is the FnO expiry so there will be some volatility since the equity and august futures price had to converge. September futures will resume in trend after the Aug expiry on thursday.

Refer this balanced report .
Banking End of road soon
http://www.indiainfoline.com/Research/Recommendations/Equity/Banking-End-of-road-soon/19924674

Kinda gives a perspective but its important to have seen this before entering the position nevertheless banking stocks are on the verge of correcting.

may be u r the one who is struck with missing out felling at last