Pre-open daily tech view of Bank Nifty Spot for 22-02-2023

BY A STAFF REPORTER: 

Positive opening at 40785 and traded in the range 40500-40950 and closed the session 28 points down at 40674.The index formed a small bearish candle on the daily scale and made lower highs, lower lows on the daily scale for a third successive session.

As long as it holds below 41000 levels, the weakness could be seen towards 40500 then 40250 area while on the upside hurdle is expected at 41000 then 41250 levels,

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Source : Eureka

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