Pre-open Daily Tech view of Bank Nifty Spot_25.04.2022

Pre-open Daily Tech view of Bank Nifty Spot_25.04.2022

Last Friday Bank Nifty plunged 771 points, or 2.1%, to close at 36044. Bank Nifty formed a bearish candle as per the daily chart too.

On the down side :-

If Bank Nifty fails to cross 36200 & breaches 35975 then 1st lower support 35750 & below that 2nd

35555. Extended basis major 35400 & extreme case 35165.

On the upside :-

If able to cross 36200 then 1st hurdle 36333. Major upper barriers are - 36560—36750.

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Source : Eureka

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