1. 36375, that is today's low is by default SL for all the longs now (for the open positions)
2. Below 36375, we're directly looking at 36000 (app. 200 MA) which is not only a technical support but also a psychological support.
3. If 36000 is breached on closing basis, 35730 (BO Spot) followed by 35050 would the positional Targets for Sellers.
4. For any buying opportunity, wait for 37160 to be broken on upside on closing basis for positional targets of 37580/37800/38260+ (closing above 36000 is mandatory)
5. BN is highly volatile with huge swings, so less experienced traders are advised to stay away, especially when budget is nearing.
6. Above views are for education purpose and are mere speculations. Please don't create positions on the basis of these.
2. Below 36375, we're directly looking at 36000 (app. 200 MA) which is not only a technical support but also a psychological support.
3. If 36000 is breached on closing basis, 35730 (BO Spot) followed by 35050 would the positional Targets for Sellers.
4. For any buying opportunity, wait for 37160 to be broken on upside on closing basis for positional targets of 37580/37800/38260+ (closing above 36000 is mandatory)
5. BN is highly volatile with huge swings, so less experienced traders are advised to stay away, especially when budget is nearing.
6. Above views are for education purpose and are mere speculations. Please don't create positions on the basis of these.
Trade active:
High of 37788.80 so far. Missed 2nd Target by a hair line. :-)
Trade active:
38043 hit!
Comment:
High of 38147