Expect Long unwinding below 55 in PNB fut

I expect Long unwinding below 55 in PNB fut, & fresh Short covering above 62.60

BUT if it crossed 62.60 with volume then we might see fresh rally which might be very surprising. SO naked positions are very dangerous.

Shorting bankbaroda is very risky game as it is still in strong bullish trend. There is also chance that the rally in PSU might continue till budget, heavy selloff expected after budget, if exceptions are not fulfilled.

Till enjoy the rally in PSU.

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Crude may start moving north

Nymax crude may take support around $70 & may show some short covering, breaking this level with volume may show further weakness. On MCX 5750-5800 level can work as support.

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