Nifty trying to claim 20 DMA which is placed on 15750, so closing above 15750 and after nifty will be bullish.
Gapup but not sustain, but definitely will take support at trend line, it's a break out trend line A 15 min candle on this trend line will decide bnf's further move, If break then we can see 34800,600 and if take support on line then it will try to touch again 35500
On Monday if bnf take support on this line we can go for long or sell puts. If anyway bnf break this support line then 34500 will act as strong support, but we can't expect further fall below 34500...
After long consolidation bnf decisively climb above 35000 and maintain itself above 35k. But above 34k every dips will be buying opportunity.