BNF profit booking!
***Disclaimer-- please trade at your own risk** for educational purpose only***
1. Looking weak on daily
2. narrow range expiry on 11th Feb 36000 - 35580, volatile! expected profit booking but support was strong 35550 zone
3. Expecting have some profit booking 34850 range, bnf breakdown 35600 and hold for 10-15 mins it should be a good shorting opportunity
4. Target T1 - 35350, T2 - 34950, T3 - 34850 (if it's a heavy profit booking)
5. RSI 1hr taking resistance 50, daily 72 could support 70 if sideways else 60 would be the next support (if heavy profit booking)
6. if its a positive day by any chance, T1 - 36000, T2 - 36330
1. Looking weak on daily
2. narrow range expiry on 11th Feb 36000 - 35580, volatile! expected profit booking but support was strong 35550 zone
3. Expecting have some profit booking 34850 range, bnf breakdown 35600 and hold for 10-15 mins it should be a good shorting opportunity
4. Target T1 - 35350, T2 - 34950, T3 - 34850 (if it's a heavy profit booking)
5. RSI 1hr taking resistance 50, daily 72 could support 70 if sideways else 60 would be the next support (if heavy profit booking)
6. if its a positive day by any chance, T1 - 36000, T2 - 36330
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