1. If BNF spends some time at the top of the trend line and breaks out, then it can go up to 30750 level.
2. If BNF forms negative candle/consolidates and breaks down, then it can come up to the bottom trend line support ie 30350 level.
3. Don't jump/rush into the trade. Wait patiently and let the market decide where it wants to go.
4. Always preserve your capital.
2. If BNF forms negative candle/consolidates and breaks down, then it can come up to the bottom trend line support ie 30350 level.
3. Don't jump/rush into the trade. Wait patiently and let the market decide where it wants to go.
4. Always preserve your capital.
Comment:
Since market is opening Gap UP, wait for clear price action and if it crosses above 30820 and sustains the level, it can make a big movement.