Pre-Open Daily Tech View of Bank Nifty Spot for 14-11-2022
14/11/2022 07:34:56 AM Poulami Das 2199
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].