Pre –open Daily Tech view of Bank Nifty Spot for 17-06-2022

BY A STAFF REPORTER: 

Like Nifty yesterday Bank Nifty also started off the day higher at 33648 & high printed at 33756. Facing hurdle almost at double top area not only gradually erased all Gap of gains in the morning session itself but also after breaking crucial 33100/33000 mark panic selling continued throughout the session & slipped up to 32538. The index closed at 32617, down 722 points day to day basis.

All Bearish targets done at a stretch.

On the down side Bears will get active below 32525 for a move towards 32400/32334-32222 & 32100.

On the upside Bulls need to move above 32800 for a move towards 32970 & then 33150 & major 33333.

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Source : Eureka

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