Pre-open Daily Tech view of Bank Nifty spot for 07-10-2022

BY A STAFF REPORTER: 

Yesterday Bank Nifty also started the session with a Gap as expectation by over 230 points at 39344 and then continued to trade with a range bound mode. The index slipped from day’s high 39608 which was a vital resistance area and finally settled at 39282 rose 172 points D to D basis. It formed a Doji kind of candlestick pattern on the daily frame as the closing was near its opening levels, indicating indecisiveness among bulls and bears about future trends.

On the down side- Below 39230/40 supports are 39050 & major 38750/600.

On the Upside - Resistances are 39375 & then 39500/600.

Fresh positivity only above 39600 & then next vital hurdle at Major 39750 to 39888.

Please contact the below telephone nos for Demat and Trading Account Opening.

+91 98312 00699 / 82749 09974

For Opening DP and Trading Account online, please visit

https://kyc.eurekasecurities.net/home/index/729

Exclusive for ANM News Viewers - ANM's Financial & Insurance Related News - To join our group please visit https://www.facebook.com/groups/668263891032421

Source : Eureka

Please register at https://kyc.eurekasecurities.net/home/index/729 for opening Trading and Demat Account.