Pre-Open Tech view of Bank Nifty Spot for 14.03.2022

BY A STAFF REPORTER

Bank Nifty Closed at 34546. D to D basis +70 points.

Current Range lower side 34100/33700 & upper side 34900/35300. Middle 34500.

On the upside :- Primary resistance at 34780 & extended basis that may move upto 34900/35000 . Reverse momentum possible if fails to cross. Bulls should cautious at or before this barrier. If crosses then only 35300 to 35500 next upper hurdle (very difficult to cross).

On the Down side :- But if any pull back fails to cross either 34900 mark & down side breaches 34400/300 then 1st support 34100-34000 & 33700. Below that more bear move.

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Source : Eureka

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