Index levels for 6 Feb 2020

Nifty Spot CMP at 12098

Resistance at 12170 / 12220

Support at 12050 / 11980

BankNifty Spot CMP at 30970

Resistance at 31235 / 31375

Support at 30915 / 30660

View: - If there is a dip post announcement, i will look for buy trades in that around support levels. Not before that, only on dip

Event: - RBI Policy 6 Feb 11:45 AM