WHY BNF COULD NOT MOVE DOWN TODAY INSPITE OF DOWN OPEN?

Hi Traders,

This post is all about the perfect point of support which did not let the price go down in bnf. You can see these levels as usual posted on the community tab yesterday evening. And price reacted the same as mentioned in the trade idea that is as follows:-

Trade Idea Of Bnf dated 23-11-21

1. If After opening halt 1 is taken out to the downside then you will see price movement between halt 2 and 1.

2. On the contrary, if the price takes the support of halt 1 after opening then zone 1 is your target.

3. In case price takes out halt 2 to the downside then fall. On the contrary, if the price takes out zone 1 to upside then rally can be seen not straight but with volatility.

In the above trade idea, you can see clearly mentioned in point no.1 same is seen today.

Yogesh Vats