21.01.2020 Tuesday, 8:33 am 

What has happened yesterday? Nifty index as expected and written started the day with positive note and moved up near our resistance levels i.e 12410, made a high at 12430.50 thereafter, the non-stop sell-off dragged the Index till our final support levels i.e.12205 made a low at 12216.90 and closed at 12224.55 on a negative bias with huge intraday loss of 127.80 points.

What will happen today? Nifty Index may open on a negative note by tracking the Global markets to test 12180-12150 levels if, sustain below 12150 then, it may test 12120-12085-12045 levels. On the other hand, the immediate resistance seen at 12255-12280 levels if, trade and sustain above 12280 then, it may re-test 12320-12350-12395-12430 levels. 

Special Mention:  Nifty Index unable to sustain above 12400, as mentioned in yesterday's update the weakness at 12300 levels dragged till 12216.90. If, Nifty Index closes below 12150, further sell-off may drag till 11930 levels very soon, the last hope for the Nifty Index to watch out at 12150-11930 levels. 

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