Pre-Open Daily Tech View of Bank Nifty Spot for 19-07-2022

BY A STAFF REPORTER 

Yesterday Bank Nifty gave a huge bullish surging, rallied 675 points in a day, from 34800 closed almost at day’s top 35382 – settled at 35358. Rally without the support of HDFC Bank may continue towards 35555 & then only more but initially may retrace but should not break 35170-135 range to maintain the uptrend otherwise if breaches then the uptrend would be vulnerable.

On the Upside Resistances are :- 1st 35555 & then only 35670-35760. Major 35900/36000.
On the Downside Supports are :- 1st 35170/135 & then 35040—34950 & major 34800.

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Source : Eureka

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