Pre-Open Daily Tech View of Bank Nifty Spot for 30-08-2022

BY A STAFF REPORTER 

Bank Nifty opened gap down at 38111 and then maintained a range bound move mainly inbetween 38400—37950. Closed at 38277, day to day basis down by -710 points but formed a bullish candle as closing was higher than opening.



On the down side if it remains below 38550 <20 dma>, weakness can be seen towards 37950 and then 37750 -37600, whereas on the upside resistances are placed at 38500-38650 and 38888.



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Source : Eureka

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