Weak

41800-41900 has been strong demand and supply zone. Those who have loaded BN on breakout above 41830 should look to exit position when price closes below 200 SMA or they might have got exited when it closed below 41800 (rare possibility). Price should break the recent horizontal support and move below 200 SMA on closing basis to take out SL any positional buyers , if any left. No need to load BN until spot gives clear (wide body candle) close above 42000. Any spike should be limited to fill that gap (not a breakout gap) created yesterday.


Disc : It's not an investment advise to buy or sell.