rockingmiles

Bank Nifty : 03/02/2020

NSE:BANKNIFTY   Nifty Bank Index
Phew! What a day! The markets were factoring in

too much from this budget - the IT-Slabs reduction, LTCG changes etc

but it all fell flat on its face!!

Just managed to look at the charts so we found support @ 29740 -29775 (wasnt even looking at it)

I do believe the low volumes contributed to this

Doom's day!

The coronavirus scare refuses to slow down ..

If Bank Nifty doesnt pick up from here 29500 should be

a great buying price!

Support @ 29740 - 29775 Support 2@ 29500

Resistance @ 11750 Resistance 2@ 11880

Posts are not recommendations!
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.