Pre-Open Daily Tech view of Bank Nifty spot for 11-11-2022 & onwards

BY A STAFF REPORTER: 

Today we may see a huge Gap up & range break opening above 41900 amid very strong positive Global cues. Yesterday though Nifty Bank fell 179 points to 41603 but formed a bullish candle on the daily charts as the closing was higher than the opening levels.

For Swing Trade Bulls need to move above 41840 & mainly 41950 for a move towards 42150-42222 & 42425. Bears will get active below 41500 for a move towards initially 41365 & then only 41261 to 41050.

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Source : Eureka

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