BN opened at 35298 gap down wrt yesterday's closing mainly due to bad global cues. It immediately filled the gap by the 2nd candle itself. From there it was trading in a smaller range till 14.30. The price action from 14.30 looked very interesting and powerful - continous red candles with no pullback. And closing just below the support level of 35090
If we analyze the price action from the last 3 or 4 days, the dip made today is not that significant. It may or may not indicate a consolidation before BN picks up a directional trend.
Important Support and Resistance
s1: 34740, s2: 34364
r1: 35720, r2: 36170
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