Market View 10 February

Nifty (17464) we said ‘the Nifty has witnessed support in the lower regions and so some short covering in the lower regions is not ruled out’ the Nifty bounced back and now we have a strong support around 17400 and upside to 17600…

Bank Nifty (38610) we said ‘the Nifty has closed near strong 38000 zones and so some short covering is not ruled out’ the Nifty Bank bounced back with short covering and has closed in the green…technically support exists at 38200 and upside to 38800 is a possibility….