Pre-Open Daily Tech view of Bank Nifty Spot for 31.03.2022

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Pre-Open Daily Tech view of Bank Nifty Spot for 31.03.2022

By a staff reporter:

Yesterday Bank Nifty Spot gave a bullish Gap up move with Low at 36070. High 36421 & closed at 36334. Day to day basis rallied 487 points. Bulls aim to test 36700+ initially subject to hold 36000.

On the Upside :- Intraday basis Positive above 36350 for 1st Resistance 36480 & then 36540. Swing basis if bulls able to cross 36540 & stays above that then next targets are 36625 & 36726.

On the Down side :- Intraday basis Negative below 36240 for 1st support 36129-36060. Major 35950.Swing basis Bears will get active below that for a move towards 35777-35666.

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Source : Eureka

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