Market View 4 February

Nifty (17560) the Nifty was trading strong but breached the strong support and has closed in the red…technically now 17700 is a strong resistance and downside to 17500 is a possibility…

Bank Nifty (39010) the Nifty Bank has traded in a narrow band but ahs closed in the red…technically now the range is 38500-39500