Pre-Open Tech View of Bank Nifty Spot for 17.03.2022

By a staff reporter:



Yesterday Bank Nifty opened with a gap at 35556 to hit the day's high of 35806.

The index closed 726 points higher at 35748 & formed a bullish candle on the daily scale.



It has to hold above 35800 levels for an up move, whereas downside fenced by 35500 and 35250 levels.



On the up side :-



Now Bulls need a move above 36030 for a move towards 36250/370 & then 36456-36585.



On the Down side :-



Bears will have chance below 35660 for a move towards 35555 – 35460 & 35327/250.



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Source : Eureka

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