Yesterday, My view was BN will touch 25100-25200 level but BN Reverse from 25040 and fall almost 700 From Days High and breach Recapatilisation day low. I think this down fall happened because of news. 23920-23820 Good Demand Zone & also 38.2% Retracement of Whole this bullish move (From 17600-27600). Currently BN is trading below 200 MA. #NO TRADE PLEASE
Yesterday, Though BN Break 24800 but respected 200 SMA. Made Hammer Pattern near MA. BN saved Nifty from falling. Looking at Global Market BN may hit 25100-25200 level in 2 day. Currently BN is making LH_LL, so it is still in correction mode till it break 25700. No Trade Please.