Bank Nifty Spot

Bank Nifty Spot :-

Cl @ 37689 - WL 36375 & WH 38421. W to W basis up 115 pts. Cl 37700 near 20 DSMA & 20 WSMA both.

On the Upside :- Pivot hurdle 37900/38000. Any move above the same then probable resistances are 38250-38450 & then 38750 to 38888/39000.

Extended rally possible upto 39200—39600/700. Cautious Hurdle 40000.

On the Flip side:- Below 37570 – expected supports are 37300—37000 & 36750.

Major 36400. Very Major 36000-35800. That should hold.

Source : Eureka

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