BNF: BNF in a trending move open with gap up, remained positive during the most of the session and upward during the session, closed near high, underperform nifty, with intraday moves of 300 pts, closed positive. Technically, the index break above 42800 and hit fresh ATH above 43k, index on avg volume now entered into unchartered territory with short term upside target could be 43500-700 with interim support around 42900-800, an uptrend move in the index triggered in the index in previous session. Intraday, BNF will have support around 43170 and likely resistance around 43380/430. As per weekly expiry data, 43000 PE & 43500 CE remain crucial strike prices to watch. On an immediate basis,43217 remains a very crucial level to hold as a support and resistance around 43377.
(Delayed Update)
