Pre-Open Daily Tech View of Bank Nifty Spot for 25-08-2022

BY A STAFF REPORTER 

Yesterday Bank Nifty also opened negative at 38553 almost 150 points lower opening but printed day’s low there and respecting 38550 levels it moved upto 39120 intraday basis. Finally, it closed above the 39000 mark exactly at 39038 with gains of 341 points. It formed a bullish candle on the daily scale.

Now it has to hold above 38888 for an up move towards 39250 and 39500, whereas supports are seen at 38750 and 38500/400.

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Source : Eureka

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