Pre-Open Daily tech View of Bank Nifty Spot for 21-09-2022

By a staff reporter-Exactly 400 points Gap up opening at 41304 then in 1st leg of the session moved upto 41677 & then erased the gain & corrected upto 41399 & finally settled at 41468. Day to day basis up 564 points & printed a small body Green candle formation inverted hammer type with long upper leg.
Day’s low 41207 supported by 5DMA 41141.

On the Upside it has to hold & move above 41500 & then Resistances are 41666 – 41850 & then major 42000—42222.

On the down side immediate basis negative below 41440 then supports are 41300 -- 41141 & 41000. Major 40866 – 40500.

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Source : Eureka

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