The study is purely based on Support & Resistance (Longer-term). Expected Breakout level - 640. Check all other indicators and parameters before you buy the stock or trade them. This post is solely for educational purposes.
Note
Excellent rally by Axis lifted BNF today. Price broke 640 today after many days of deliberation. Price beautifully broke its strong resistance 660.60. If the price retests and reverses from 640, then followed by 707, 763 & 827.
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.