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Excellent levels to short the Nifty PSU Bank Index

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Nifty PSU Bank Index (NSE:CNXPSUBANK)  
Bajrangi-Bhaijaan  
NSE:CNXPSUBANK   Nifty PSU Bank Index
Technical Indicators
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indicator
Further to my view on May 10, I once again reiterate my bearish view on the PSU Banking space. (Link attached for reference). The current upmove can best be described as a dead cat bounce. Excellent levels to short the index. Will update on levels to cover it in due course. Keep watching this space for more!

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Bajrangi-Bhaijaan
Why the rally in PSU Banking space worries me.....
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