
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