Prep for 7 Jan

Negative sentiment due to heavy FII selling yesterday which is not what the price action denotes.

On any downmove, will look for supports at 17628/36800 for NF/BN respectively. BN made an inside day candle yesterday and if it breaks prev day low, look for target 36800 where it could take support.

I can think of 2 possible scenarios for BN.

Scenario 1: (more likely) 



Scenario 2: (less likely) 



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