Pre-Open Daily Tech View of Bank Nifty Spot for 09-09-2022

BY A STAFF REPORTER: 

Yesterday Bank Nifty opened 300 points higher at 39764 and hit the day’s high of 40266. It closed 753 points higher at 40209.

The index formed a bullish candle on the daily scale and had its best closing in 215 trading sessions supported by 5 DSMA 39700.

On the Upside :- It has to hold above 40000 to make an up move towards 40500 and 40750.

On the Downside :-Supports are placed at 40000 and 39750.

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Source : Eureka

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