• Deepak

Index levels for 16 March 2020

Nifty Spot closed at 9955

Support - 9367/ 9015

Resistance - 10020/ 10295


BankNifty Spot closed at 25166

Support - 23501 / 22530

Resistance - 25950 / 26740


View: - Intraday view to be updated.


Broader View -

Anchored VWAP from Friday's gap down (6 March) day high are as follows

Nifty Fu - 9984

BankNifty Fu - 25350


Ever since the gap down on 6th March, market is taking resistance at the above AVWAP from 6th March and giving a reaction down.


More about AVWAP on the link

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