Nifty has been stronger than BNF today. Since the trend is bullish, it makes sense to enter this trade.
- 21700 to 21747 market can be sideways. Above 21747, we can see buyers. Target, if bullish, should be 21762 and 21775-21785.
- Below 21700, we can see bearishness. The target should be 21689.
- I'm leaning towards bullishness with the multi-day trend - today is a bit tricky as there is no clear intraday trend. I will manage R to R accordingly.
- A good entry is between 21710 and 21720.
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