Pre-Open Daily Tech view of Bank Nifty Spot _23-08-2022

BY A STAFF REPORTER

Yesterday Bank Nifty started the week as a 300 points lower opening at 38694 and closed 688 points down at 38298, forming a bearish candle on the daily scale.

On the down side :-
38250 is the crucial level, if breaches then next supports are 38000—37725. Major 37500-37375.

On the Upside :-
It has to hold above 38500 to make an up move towards 38750 and major 38888/39000.

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Source : Eureka

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