Andhrabank is forming a nice channel. can short this stock in Jan contract only.(no dec!!) If you have built position on my reco in HDFC bank then stay in that position. It is expected to come down. for Nifty 2760 remains good support. and It is positive above that level, so lets not get panick. Strong movement in downside is needed to make revarsal of 1.5 Yr strong bull mkt.

Ravi Pathak