Pre-Open daily Tech view of Bank Nifty Spot for 29-09-2022

BY A STAFF REPORTER



Yesterday Bank Nifty also started with a gap down mode at 38080 and moved in a negative to range bound manner for the most part of the session. Low printed at 37626 & session closed at 37759. Day to day basis down by 599 points, the lowest level since August 4.



It has formed a bearish candle on the daily scale, and has been making lower highs-lower lows over the last six sessions. Resistances are :- 38000/38100 & if sustains above that then 38250 -38500. Major 38800. Supports are 37600-37400 & then major 37250-37000.



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Source : Eureka

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