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