September 26, 2014


Breakout above 15600-15700 failed.

BNF also broke the swing low formed at 15775 thus indicating a change of trend.

Trend will change to buy on close above 16300.

Ironically, there was a bullish piercing bar formation today. This has bullish implications if BNF can sustain above today's low (15160 spot) next week. A gap up opening Monday and ability to hold this will be another confirmation.

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