05.02.2020 Wednesday, 8:30 am 

What has happened yesterday? Nifty index as expected and written opened on postiive note and took support at 11783.40 thereafter, the non-stop strong upmove lifted the Index beyond all our Intra resistance levels and made a day high 11986.25, ended the day at 11979.65  well above our threshold levels i.e 11930 with positive note.

What will happen today? Nifty Index today may open on a flat to positive note to test 11985-12020 levels, further upmove above 12020 then, it may test 12075-12115-12170-12225 levels. On the other hand, the immediate support seen at 11930-11910 further weakness below 11910 then, it may re-test 11880-11835-11800-11750 levels. 

Special Mention: Nifty Index as mentioned yesterday's Intra uptate, closed above 11930 if continue to close above 11930 for another trwo trading sessions then, 12225-12300 possible in the near term. Any weakness at 11930 and closes below this level then, it may re-test 11830-11750 levels very soon.

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