Both nifty and bank nifty are in uptrend on weekly so no short for now. Next week there could be one though i dn't think we would get much in shorting unless something drastic happens. Nonetheless if there is one in system , i would update.
i am just expressing what i felt after i saw the strength with which it rebounded from 12600. there was a good volume action in the morning at 29000 and 13000, didnt expect it'll be such a good reaction today i had bought 28000 ce at 388 based on that. and sold now at 540. i have another position of 28200 bought at 385. which i have a sell order at 500