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Dealmoney Market Buzz - 10-Feb-20

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Bank Nifty

• On daily scale bank nifty recovered from lows after hitting 200 EMA.

• Currently index is trading below bearish trendline.

•  RSI slightly tilting towards south direction.

•  On daily scale 30,980 would be acting as a crucial support level, below that it may move towards 30,690 levels.