Pre-Open tech view of Bank Nifty Spot for 23.03.2022

By a Staff Reporter 

Yesterday Bank Nifty after flat opening near 36000 corrected initially upto 35385, but massive & fast vertical bouncing from that good support area 35400 & then more than 1000 points bounced, high printed at 36468 & settled at almost top at 36348, up by 330 points closing basis.

For coming sessions On the upside :- Bulls will get active above 36513 for a move towards 36600-36700 < vital 200dma hurdle >. If breaches 36700 then only fresh bullish move towards —36889/940 & 37070.

On the down side :- Current support 36000/35975.Swing basis Bears need to move below that for a move towards 35760 & 35600.Fresh negativity only below 35400/350.

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Source : Eureka

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