BN opened at 36026 very near to yesterday's closing. There was no gap up like the previous few trading days. BN closed at 36226 pretty strong above the resistance line of 36169. Most of the time BN was hovering around this support/resistance line and was trading without any major volatility.
In this short term the trend is strongly on the upside with BN making higher highs and higher lows. The reversal it made from 34500-34600 region is pretty impactful.
On the hourly time-frame, we cannot really identify if the downtrend has reversed or not. BN is right at the upper channel trend line briefly crossing it today for almost 1 hour.
Important Support and Resistance points
s1: 36169, s2: 35725
r1: 36553, r2: 37234
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