Pre-Open Daily Tech View of Bank Nifty Spot for 16-09-2022

New Update
Pre-Open Daily Tech View of Bank Nifty Spot for 16-09-2022

BY A STAFF REPORTER:  Yesterday Bank Nifty did a new Life time high at 41840, Last one was on 25 Oct 2021 at 41829.



Bank Nifty opened positive at 41533 and after creation of new peak at 41840 it witnessed zig-zag movements throughout the day and tested 41150 during the day. Finally settled at 41209. Day to day basis down almost 200 points & it formed a small-bodied bearish candle on a daily scale.



Now, it has to hold above 41300 levels to make an up move towards 41444—41555--41650 and its lifetime high of 41840 levels, whereas supports are placed at below 41100 -- 41000 – 40750 & 40555.



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Source : Eureka

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