Pre-Open Daily Tech View of Bank Nifty Spot for 01-11-2022

Bank Nifty formed an Inside Bar candle and still unable to break the High and Low of Friday.

Bank Nifty has given the Highest Monthly close after 12 Months which is a Bullish sign.

Bank Nifty Cl 41307. Day to day basis +317 or 0.77% up

On the down side:- Immediate Support 41255 & 5 dma 41205.

If breaches then other supports are S:- 41158—41008—40910—40840

On the Upside:- Above 41353 Resistances are :- 41530—41677—41751/840.

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Source : Eureka

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