Positional Pick - Can buy at CMP with SL of 500 with the view that Cup and Handle pattern is in development. If breaks 500 and falls then exit and wait for it to fall near bottom trendline, then Buy there.
BNF view for May series. We saw rejection from ~34000 levels as it was neckline of Inverted H & S pattern. I am expecting BNF will dip towards 31700 to fill the gap and reverse to complete the right triangle. Then if re-tests 34000 levels and breaks then upside will be big. Lets see.