What level will indicate a trend change
No close below 15620
Net new monthly highs are reducing
Sector , Metal, IT are performing , realestate down
Metal, and IT outperformed Nifty, none of the other sectors
So focus on IT, Metal and maybe Financial services, but not banks
The important level which bank Nifty has to break
When the breakout happens in this ratio chart, only then you can select bank Nift. Head and shoulder
