Pre-Open Daily Tech view of Bank Nifty Spot for 13.05.2022

BY A STAFF REPORTER

Yesterday after 400 points negative opening slipped sharply to hit the day's low of 33298. It formed a strong bearish candle on daily frame and closed at 33532 down by 1161 points.

On the upside :-
In case bouncing occurs then initial hurdles 33850-34000 & then 34250-350. Swing basis major 34444-34750.

On the down side :-
Initial supports at 33400/300. Bears will get active below 33300 for a fresh move towards 33000 and 32500.

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Source : Eureka

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