Pre-Open Daily Tech view of Bank Nifty spot for 29-07-2022

BY A STAFF REPORTER: 

Yesterday Bank Nifty opened with a Gap up note at 37102 advanced around 300 points and extended rally hit the day's high of 37414 & settled at 37378. Day to Day basis up almost 600 points or up 1.62%.

It formed a bullish candle on the daily charts.

The index remains in a buy mode with immediate support at the 37000-36800 zone. The next hurdle is placed at 37800-38000, Another Gap up opening is expected today above 37400.

Other Resistances are :- 37518—37660. Major 37777 - 37900.

Pivot Support :- 37273 & then other 37133. Major 37000-36888.

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Source : Eureka

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