Index levels for 9 Jan 2020

Nifty Spot closed at 12025

Resistance at 12151 / 12235

Support at 12090 / 12045

BankNifty Spot closed at 31373

Resistance at 31850 / 32125

Support at 31550 / 31450

View: - Index view is up, not looking for sell trades. Will be looking for dips to buy into Index. Weekly expiry today so second half upmove is expected in markets. Yesterday BankNifty was the stronger one in intraday trade. I will confirm my 2nd half view around 11 50.

Follow risk management at all times.