RELIANCE IS IN WAVE 5... THATS WHY WE ARE SEEING IMPULSIVE MOVEMENT. WE SHOULD WAIT FOR WAVE 5 TO GET COMPLETED. THEN ONLY WE CAN TAKE SHORT TRADE IN IT.
NIFTYBEES can be accumulated for long term. as per the chart & SL can be kept at Wave 1 COmpletion.
We can not hold BankNifty Future for LongTerm but there is alternate method which many doesnt know. we can steadily gather this in dips & keep for long term holding.