Pre-Open daily Tech view of Bank Nifty Spot for 13-10-2022
New Update
BY A STAFF REPORTER
Yesterday Bank Nifty started the session with a positive opening at 38784 and maintained the up trend through out the sessions. The index closed near the day’s high up 406 points at 39119 and formed a bullish candle on the daily scale. Yesterday’s Low 38606 & High 39164 almost identical of the previous candle length. Narrow range movements mainly in between 38500 & 39300.
It has to hold above 38800 & mainly above 39050 to move towards 39300-39600/750. Fresh break out above that. On the Flip side supports are placed at 38600/38500. Fresh bear action below 38500 & then 38250-38000.
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