Pre-Open tech view of Bank Nifty spot for weekly Expiry Day 10-11-2022
10/11/2022 08:21:49 AM Poulami Das 522
BY A STAFF REPORTER
Yesterday Bank Nifty opened with a Gap at 41915 but immediate basis erased that gain. Then through out the session was range bound in between 41900/950 to 41700-41667 but finally settled at 41783. It formed a small-bodied bearish candle on the daily frame & Day to day basis up by 96 points.
41840/41950 are the resistance areas. Above 42000 it can march towards 42225—42500. Weakness mainly below 41666 then supports are 41510 & 41440-41333. Major 41250.