BN is the stronger compared to Nifty.
BN has fallen the maximum according to my analysis this week.
Nifty on the other hand is extremely weak as I mentioned earlier.
Any rallies on Nifty can get sold into. and we can even look at 24,000 levels in this month.
For BN, 50,740 is the crucial Support. If that is breached next week, it will be mayhem on BN and we could possibly find support at 49,350 around the 200 DEMA.
I'm done with the trades this week and will now reassess next week as per price action.
BN has fallen the maximum according to my analysis this week.
Nifty on the other hand is extremely weak as I mentioned earlier.
Any rallies on Nifty can get sold into. and we can even look at 24,000 levels in this month.
For BN, 50,740 is the crucial Support. If that is breached next week, it will be mayhem on BN and we could possibly find support at 49,350 around the 200 DEMA.
I'm done with the trades this week and will now reassess next week as per price action.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.