Pre-Open Daily Tech View of Bank Nifty Spot for 14-11-2022

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Pre-Open Daily Tech View of Bank Nifty Spot for 14-11-2022

BY A STAFF REPORTER 



Bank Nifty also printed a strong Gap up opening like Nifty of 560 points < from 41603 to 42163 > & made a new all time record high at 42345. D to D basis rose +533 points & settled at 42137. Daily chart formed a High Wave or Doji kind of pattern indicating indecisiveness.



On the Up side :- Currently we are in uncharted so on the higher side projected levels are :-

Above 42345 --- 42530 –42730. Major 42930.



On the Downside :- 3 important supports are 41900/840<3DSMA> -- 41700<5DSMA> & 41500 <9DSMA>.



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Source : Eureka

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