Pre-open Daily Tech view of Bank Nifty Spot for 29.06.2022

BY A STAFF REPORTER: 

Bank Nifty opened almost 200 points down at 33578 but managed to hold its key support of 33500. But It failed to cross 33750 & closed at 33642, day to day basis down 169 points. It formed a small-bodied bullish candle on the daily chart. Its’ main range now on the upside 33950 & down side 33350.

On the downside :- Fresh weakness Below 33503 for lower supports 33410—33333 and 33222. Very major 33150.

On the upside :- For Swing traders Bulls need to move above 33777 for a move towards 33870 -33950 & major 34100.

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