Pre-open Daily Tech view of Bank Nifty Spot for _04-07-2022

Last Friday Bank Nifty closed at 33539. D to D basis up 114 pts. - bullish candle formed from lower end.

Friday’s strong recovery from day’s low & as it hold 33300/400 may be raising some hopes for further upside in the coming sessions subject to cross 33800.

On the upside :-

Resistance: Above 33720- 33858. Major 33944. Above 33800 major expected hurdle 34150.

On the Down side:- Initial supports 33333-33222 & only below that major 33080/33000.

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