Pre-Open Daily Tech view of Bank Nifty Spot for 26-09-2022

author-image
New Update
Pre-Open Daily Tech view of Bank Nifty Spot for 26-09-2022

Pre-Open Daily Tech view of Bank Nifty Spot for 26-09-2022



On Friday we have seen a mammoth fall in Bank Nifty. From 40500 to 39400, almost 1100 pts corrected in intraday only. The index formed a very big bearish candle on the daily scale.



Correction started after 5-9 bearish cross at 41000 mark as per daily chart & that to be more accelerated after breaching 20DSMA i.e. at 40200 & 39900 < mid point of the main range 42000-38000>. Weekly closed at 39546





.



On the down side :-

Intra cum swing basis expected supports are – 39200—39000 & then 38775-38500.







On the Up side :-

Intra cum swing basis expected resistances are -39650—39888 & then 40000-40200.



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

#sharemarket #financialmarket #opentrading #opendemataccount #opendemat #sharemarket #insurance #insurancebroker #insurancebroker #trading #Buyback #IPO #mutualfundinvestments

#SIP #investment #mutualfunds #mutualfundinvesting #sharemarket #stockmarket #investing #mutualfundsindia #equity #debt #hybrid #money #growth #wealth #trading #finance #investor #savings #wealth





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.