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Trade Setup for Tuesday: Top 15 things to know before Opening Bell

The key support level for Nifty is placed at 11,980.37, followed by 11,929.23. If the index continues moving up, key resistance levels to watch out for are 12,093.07 and 12,154.63.

February 10, 2020 / 09:12 PM IST

The Indian equity market witnessed selling pressure for the second session in a row on February 10, largely weighed down by concerns around coronavirus.

Sensex closed 162 points, or 0.39 percent, lower at 40,979.62 while Nifty ended with a loss of 67 points, or 0.55 percent, at 12,031.50.

"Going ahead, markets would continue to be volatile as it would closely watch the developments over coronavirus and its economic impact. Investors would also be cautious ahead of the macroeconomic data-points due to be released during the week including CPI, WPI Inflation and IIP data. Further, this would also be the last week of the earnings season which would keep the markets volatile," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

We have collated 15 data points to help you spot profitable trades: