Pre-open Daily Tech view of Bank Nifty Spot for _05-07-2022

BY A STAFF REPORTER 

Yesterday Bank Nifty closed at 33940. D to D basis up exactly 400 pts. - It formed a strong bullish candle on the daily frame & mainly after taking support near 33600/670 the index jumped in the last hour crossed the crucial hurdle 33800.

On the upside :- Resistance above 34000 – 34150 - 34350 & major 34444.

On the Down side:- Initial supports 33750 & only below that major 33600-33500. Very strong support 33333.

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Source : Eureka

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