Pre-Open Daily Tech view of Bank Nifty Spot for 06-12-2022

Yesterday week started with higher opening at 43269 but slipped upto day’s low 42985. Bounced back from 9dma support 43100, crossed 3-5 dma area 43200, made a day’s high 43372 & closed at 43333, Day to day up by 229 points & formed a long tail doji type candle.

It has to hold above 43200 level to move towards 43500 and 43750 levels, with supports at 43000 and 42750 levels.

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Source : Eureka

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