Pre –open Daily Tech view of Bank Nifty Spot for 16-06-2022

BY A STAFF REPORTER 
Bank Nifty also maintained crucial support 33100. Yesterday gave a narrow range movement and formed inside bar kind of pattern. Last day’s low 33250~ & High 33555~. Settled at 33339, up D to D basis 27 points.

Down side as long as holds 33200/100 range bulls are short term basis safe & chances of bouncing. 33600-33800 Resistance. 5Dma 33900+. After crossing all these bulls will recoup their strength & chances to fill the gap as swing basis.

Positive above 33512 Resistances are 33618/666- 33774 and 33900/34000
Negative below 33199 & supports are 33090, 32900-32777 and 32600.

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Source : Eureka

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