Nifty and BNF were very volatile today .Nifty moved in the range of 16820 to 17040 levels and closed lower . Technically Nifty has formed a Bearish Harami pattern . Since it is monthly expiry tomorrow , we may see one more fall to 16650 levels and a sharp bounce back by afternoon . Expecting a close above 17100 tomorrow . BNF will remain subdued due to RBI policy on Friday . Volatality will be very high tomorrow . Just remain on the sidelines and watch if you are new to the markets .
Apart from charts, world markets are green, expect a positive opening and close around 17100 levels today. Happy Swing trading
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