DO NOT MISS THE TRADING IN PRE-BUDGET SESSION & BUDGET DAY ON SATURDAY "1 FEB 2020 "
Nifty is vulnerable for further downside towards the support zone of 11900
as the important support zone fails to hold ahead of the event. Expect
volatility to persist ahead of the Budget session. 12300 zone is likely to act
as resistance on recoveries.
JOIN NOW @ 6500 MONTHLY ONLY FOR LIVE TRADING TIPS...
WHATSAPP ON 9039542248 TO GET MORE DETAILS
Bears continue to grip the market in the 2nd day of Jan series expiry week!!! The Nifty came down below 12100 mark. The Sensex plummeted 188 points to end at 40966 level. The Nifty held the psychological mark of 12000, and ended marginally above the level at 12055 -mark, down 63 points. The key lower support area of previous opening upside gap of 9th Jan has been filled completely at 12045 and the Nifty failed to show any sustainable upside recovery from that gap support. It closed just above the lower gap area. This is negative indication.
WHATSAPP ON 9039542248 TO GET MORE DETAILS
Bears continue to grip the market in the 2nd day of Jan series expiry week!!! The Nifty came down below 12100 mark. The Sensex plummeted 188 points to end at 40966 level. The Nifty held the psychological mark of 12000, and ended marginally above the level at 12055 -mark, down 63 points. The key lower support area of previous opening upside gap of 9th Jan has been filled completely at 12045 and the Nifty failed to show any sustainable upside recovery from that gap support. It closed just above the lower gap area. This is negative indication.
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Resistance: 12200, 12300,
12400
Support: 12000,
11900, 11800
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