“Maintain a cautious bias on PSU Banks due to a bearish Marubozu candle, a daily MACD bearish signal crossover, and a failed weekly MACD crossover attempt. Derivatives data shows 70% of PSU bank stock futures with short additions or long unwinding, suggesting further downside. Rallies should be used to reduce longs or initiate shorts.”

Anand James’s track record: 14 graded calls · 95% CI 12–55%