06.02.2020 Thursday, 8:26 am 

What has happened yesterday? Nifty index as expected and written opened on postiive note and took support at 11953 thereafter, the non-stop strong upmove lifted the Index till 12050 levels, furhter intra volatility dragged down once again till 11980, the late hour upmove took the Nifty Index till 12098.15 and closed the day at 12089.15 with positive note.

What will happen today? Nifty Index today may open on a flat to positive note to test 12105-12130 levels, further upmove above 12130 then, it may test 12170-12200-12270-12300 levels. Likewise, the immediate support seen at 12045-12015 further weakness below 12015 then, it may re-test 11985-11955-11930-11885 levels. 

Special Mention: Nifty Index already closed above 11930 for two trading sessions if, continue to close today and tomorrow above 11930 and break 12105-12130 levels then, it may test 12170-12270-12300 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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