Nifty and BNF opened in positive and continued their uptrend. Though there was some selling pressure for some time and nifty hovered around 18k for some time. In the last session bulls took control and more buying was seen. Both indices closed on a high. Technically again nifty has come above the trendline. The upward journey should continue. Any fall is a buying opportunity in Nifty and BNF. Only 6 trading days left for monthly expiry. Stock option traders should be very careful as lot of premium killing happens and most of the breakouts in fno stocks are fake. Have a good trading day. Happy Swing trading.
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