Pre-Open Technical Trading ideas of Bank Nifty Spot for 03-06-2022

By a Staff Reporter: 

Yesterday Bank Nifty gave a relatively under performed tone, fell 7 points to 35613.

Opened negative at 35471 but managed to hold 35400 and moved in a 300-point range. It closed near it’s 5dma just above 35600. Day’s high 35676.

On the upside:- Resistance levels are placed at 35760 and 35880 ( strong hurdle). More strength only above that then 35940-36050.

On the Down side :- crucial supports are placed at 35470--35353 & followed by major 35288/222.

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Source : Eureka

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