Today One thing changed that it has broke its previous bottom @ 30900 and mane a new low @ 30862.
Now very strong @ 30500 on daily as well as weekly.
There is a gap @ 30800-30860. So in coming day BNF will fill this gap.
My scene is that in higher time frem BNF is in oversold position so may be it will be sideways or sideways to positive for sometime but remember bhav bhagwan che.
My Trading Plan:
If it will sustain below 30900 then I will take a short position
I will take a short position if it will test 31300-350 or 31450-550 and not able to sustain above this zone.
I use all major time frem to analysis index and stock before come to any conclusions.