BNF heading to 39700 ?
Hello All,
Please find the related idea below where it touched 39100.
Today market has opened with +73 points and the momentum continued till 38900. After that market has range bound traded between 38700 to 38900 levels till 1:55 PM.
Exactly at 2 PM 38900 level breached and it went to 39100. To summarise it market just tallied the yesterday down move. Yesterday close -420 and today close +406.
Also we have double bottom at level 38600 if it breaks will get another 500 points. On downside 38800 act as immediate support and followed by 38600 is strong support.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade
Please find the related idea below where it touched 39100.
Today market has opened with +73 points and the momentum continued till 38900. After that market has range bound traded between 38700 to 38900 levels till 1:55 PM.
Exactly at 2 PM 38900 level breached and it went to 39100. To summarise it market just tallied the yesterday down move. Yesterday close -420 and today close +406.
Also we have double bottom at level 38600 if it breaks will get another 500 points. On downside 38800 act as immediate support and followed by 38600 is strong support.
Always trade carefully with proper SL because it’s your hard earned money.
Please note this is just my observation and purely for educational purposes only. Consult with your financial advisor before taking any trade
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