rockingmiles

Bank Nifty : 03/02/2020

NSE:BANKNIFTY   Nifty Bank Index
Phew! What a day! The markets were factoring in

too much from this budget - the IT-Slabs reduction, LTCG changes etc

but it all fell flat on its face!!

Just managed to look at the charts so we found support @ 29740 -29775 (wasnt even looking at it)

I do believe the low volumes contributed to this

Doom's day!

The coronavirus scare refuses to slow down ..

If Bank Nifty doesnt pick up from here 29500 should be

a great buying price!

Support @ 29740 - 29775 Support 2@ 29500

Resistance @ 11750 Resistance 2@ 11880

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