• Deepak

Index levels for 20 Jan 2020

Nifty Spot cmp at 12352

Resistance at 12390 / 12430 / 12460

Support at 12315 / 12280


BankNifty Spot closed at 31590

Resistance at 31700 / 31940

Support at 31450 / 31150


View: - BankNifty has been weaker one since last many days now compared with Nifty.

BankNifty if do not break low made on Friday, i expect BankNifty to give a good bounce back from these levels. Friday low is around 31450


Nifty has been the stronger one, but in small range.


Event: - Budget 2020 on 1st Feb.

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