03.01.2020 Friday, 8 50 am 

What has happened on Thursday? Nifty index started the day with flat note, made a low point at 12195.25 and slowly moved up till end of the session, made a high point at 12289.90 and closed the day at 12282.20 with strong postive note.

What will happen today? Nifty Index may open on flate note with positive bias to test 12295-12325 levels if, trade and sustain above 12325 then, it may test 12345-12370-12405 levels. On the other hand, the immediate support seen at 12270-12245 levels if, trade and sustain below 12245 then, it may test 12220-12195-12155 levels.

Special Mention: Nifty Index as mentioned on 31st Dec, not closed below 12235 for three conseccutive days, it moved and closed above 12235 yesterday hence, any closes above 12295 for three cosecutive days then, 12500 possible in the near term.

Please read carefully, the Disclaimer published in the Disclaimer page. Wishing you for a safe and secured trading.