BN was very stable today and hardly moved but in a tight range. Opened at 36061, Closed at 35890. Max swing high is 121pts and swing low is 185pts.
BN was unable to break the resistance line of 36169 and traded just below that most of the time. However there was no breakdown or reversal indications.
Short term trend shows uptrend with a price action or consolidation today.
Higher time frame shows price hitting upper channel trendline. Further upmove may break the downward trend - may consolidate or reverse.
Important Support & Resistance levels
s1: 35733, s2: 35515
r1: 36168, r2: 36561
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