This is what I posted on Friday at 1.06 am
BNF after open started moving in the direction, but took a dip, or to say a major dip, but recovered some and the saving factor was, BNF at eod was 24990, above 24977
At a glance on the chart, I find that the low has been formed at 24920, as after 24920 BNF is in the uptrend. Further an HL has been formed at 24956 and BNF should not move below it, and should hold/trade above it for any upmove.
Though the huge congestion is still there intact around 25222, but in the meantime another huge CP has also formed at 25077/88 zone, so crossing and sustaining above this zone is now necessary for any upmove towards 25222.
At this moment, I am of the opinion that on Monday we can see a gap up open, may be above/around this CP zone OR to move in this zone within 50/60 min after open, if opens otherwise.
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Disclaimer: I am holding some 24900, 25000, 25100 calls, beside other trades in BN. At what price, ha ha, leave it, many of you cant even imagine it