Pre-Open Daily Tech view of Bank Nifty Spot_08.03.2022

BY A STAFF REPORTER

The Bank Nifty started more than 1100 points down and corrected to 32376. It recovered around 500 points from the intraday low and settled 1536 points, or 4.5 % lower at 32871.

*On the upside :-* 

Bulls need to move above 32960 & mainly above 33096 for a move towards 33231—33530. Traders should cautious there. If breaches then only 33636 & 33816. 

*On the down side :-* 

Bears need to move below 32733 for a move towards 32510—32376 & then break down support 32222 & major 32065.

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Source : Eureka

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