Daily Tech view of Bank Nifty Spot for 08.04.2022

Daily Tech view of Bank Nifty Spot for 08.04.2022

The Bank Nifty also corrected for the third day in a row, declining 75 points to 37557.
Facing trend line hurdle at 38000 & low made at 37346.

On the upside :- Above 37635 Resistances are 37800 & 38000.Break out hurdles 38112--38260 & 38500. Very major resistance 38800-39000.

On the down side :- 1st support 37350 & 2nd 37250. Major support 37000 & that should hold to maintain uptrend otherwise 36750 to 36600 possible.

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Source : Eureka

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