rockingmiles

Bank Nifty : 01/02/2020

NSE:BANKNIFTY   Nifty Bank Index
Tomorrow is a day when technical analysis doesnt really work primarily because :

(a) Budget day and (b) Low volumes

There are a hoard of expectations around Budget bringing about changes in Personal tax slabs,

LTCG in order to increase liquidity in hand.

Positive or Negative news on this front will have a big impact on the market.

In the meantime the global market is a sea of red due to coronavirus scare.

Support @ 30600 Support2 @ 30450

Resistance @ 30950 Resistance 2@ 31050

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