Pre-Open Daily Tech view of Bank Nifty Spot for 19-09-2022

Bank Nifty Spot Cl @ 40776. D to D basis -432 pts.

Current Range On the upside 41000<5DMA/41200 – fresh move above that & on the down side 40500<9DMA>/40250. Should hold otherwise more weak may correct upto 40000-39700.

Bank Nifty Relatively strong closing than Nifty Weekly basis.

Intraday Resistances are :- 41000—41150—41350/500

Intraday supports are :- 40440—40300—40150/40000.

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