Pre-open Daily Tech view of Bank Nifty Spot for 26-05-2022

BY A STAFF REPORTER 

Yesterday Bank Nifty opened with gap up near 34500 & moved upto 34722. But slipped from there and in 2nd half corrected upto 34285 & closed at 34339. Day to day basis up 49 points but as closing below opening so formed a bearish type Red candle with long upper tail. We should see a good move today.

On the Upside :- Positive if only stays above 34446 for a move towards 34600 -34725 & major 34830.

On the Down side :- Bears will get active below 34260 for a move towards 34121 & 34012. Major 33888.

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Source : Eureka

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